Evening star., 1924-08-03
HERRIOT, DEFYINC FOES,
NSURES DAWES PLAN
Era Of Compromise Initiated in London
May Mean Economic Salvation
of Europe.

Herriot, in short, agreed that the
question OF when Germany defaulted
on her obligations under the Dawes
report and treaty of Versailles should
be decided by the reparations COM
mission; but if this commission did
not unanimously agree on the ques-
ton, then it should be carried ITO an
arbitral board, the chairman of which
shound be an American. If this board
agrees on default, then default it
shall be, and the allies shall consider
sanctions. It's decisions are to be
final Its members are to be selected
by the reparations commission, but il
there is trouble in so doing the serv-
called into play in the picking OF
chief arbitrators.
In this Herfiot abandons French
domination of the reparations com
mission as il is at present consti-
tuted. Poincare said that it should
never be done. But Poincare never
was confronted with the actualities
of the London conference, when II
appeared that France was about to
wreck the proceedings in the face of
world opinion that the Dawes report
should be put into operation at the
earliest moment. But Poincare may
be expected to use any concession of
Herriot as political ammunition. Her
riot in effect says: GO to it, Let
the results be what they may, but
| have at least placed the best in
terests of France alongside the best
interests of other nations Though
there may have been compromise, this
is for the best interests of Europe
as whole and, consequently, France
in the long run"
Payments in Kind.
The French have been cautious in
regard to payments in kind, wishing
to perpetuate their right TO demand
| certain products of Germany after
| 1880 and not be dependent upon
Germany's whims after that date In
other words, France would insure
| most needed products. Such aues-
tions. by agreement, likewise will be
presented to an arbritral commission
and thus Frances rights protected
The question of evacuation OF the
Ruhr, wisely has been left to nego-
| tiation between the most interested
| powers. but France presented propo-
| sition which provides eventual evacu-
| alton in accordance with Germany.s
/ compliance with the Dawes report
| 1t would be effective within two
years. AS soep a s the Dawes scheme
| is proven workable the French would
| evacuate the region of Hague. in the
| Ruhr. Further evacuation will de-
pend on whether Germany is willing
| to go beyond the Dawes plan, volun-
tarily buying industrial and railway
bonds in the great trusts set up under
| the Dawes scheme. AS soon as Ger
| many purchases 1,500.000,000 gold
| marks worth of bonds the whole Ruhr
| would be evacuated. Inasmuch
| there is question as to GermanyS
ability to make such purchases, there
| might be a prolonged period before
| evacuation ends, but these matters
| can be worked out later to the mutual
| advantage of all once an era of con-
fidence and trust is established.
| For the first time since BRAND re-
| signed as premier of France there
has been manifest spirit of com
| promise between representatives of
various governments, and should this
| prevail to the end the Dawes report
| will become an actual functioning
machine and remove so per cent of
Europe's present-day troubles, largely
due to social Generalization and
| financial chaos