The Birmingham age-herald., 1924-07-26
ALLIE ..lADY TO CUT LOOSE FROM BANKERS French Remain Firm On Her Rights Under
 Treaty LEADERS UNWILLING TO JEOPARDIZE PLAN Kellogg Suggests Defaults
 May Be Settled
 Elsewhere
fRx Associated Press.l

LONDON, Juiy 25.-A-Although the inter-allied conference marked time today there was observable tonight an unmistakable hardening in the attitude of all of the dele gates against submitting to the die tation of the international finar- cers in formulating protocol to launch the Dawes plan.
 The French spokesman in ex- pressing the views of Premier Her roiott were more unyielding than ever toward the surrender of any rights which France enjoys under the Treaty of Versailles. In Ameri- can circles it was stated that the Dawes plan was of such importance that it could not be jeopardized by the relatively unimportant disputes between the bankers and the dele gates.
 The British continued confident that a compromise would be reached on the question of security for German loan that will satisfy both the bankers and the French politicians.
 A Concerted Effort
 Among all the experts--observers, ad- yisers and delegates-there is con certed effort to settle the. difficulties which have beset the paFleys for q week and which at times have seemed to threaten the very existence of the conference.
 This afternoon Frank B. Kellogg the American ambassador went go far as fh my that tho prob blepas nl defaults ana aknetians under the. DaWFes plan and flleir eiDns 10 security for the German loan would not neeessh fily have to be settled n London. This view however, is not shared by the other delegates where it was said the issue the bankers have injected into the proceedings is paramount and that as soon as it is settled the conference can consider it's work completed.
 Despite the delays which have oc- cured, the atmosphere of the negotia- tions is described as notp essimistic, tions is described is not pessimistic, restrained confidence British off eials tonight said the technical work of the conference had been completed that the conferences were ready for their next plenary session Monday aft ernOon aI q o CLOCK.
 Three Problems Left
 Only three problems remain to be dealt with. The first problem is the all important one of reconciling the bankers to the conference experts pro posed methods of dealing with German violations of the Dawes plan. The second is a minor question of railroad control in the Ruhr, and the third iS the question of German representation at the conference. This last problem is expected to be settled promptly on Monday when the juridicial committee reports to the delegates on the methods the conference should pursue in in forming Germany of how the Dawes plan will be instituted.
 It is expected Berlin will be re- quested immediately to send delegates to London and an arrangement will be made here for their arrival next Thurs day. In settling the first and most important of the three pieces of un- finished business before the delegates it is increasingly evident that to get support for the 40,000, ,000- pound loan, Europe's two socialist premiers do not intend to sign dotted lines anywhere the international financiers point their fingers.
 It is declared it would be politically suicidal for either Premier Herriott of France, or Prime Minister Macdonald agreed to do so. Their supporters say that therefore the premiers are ignor. ing as much as possible the advice of the bankers that the conference should provide better guarantees. Two French financiers are said to be hurrying to London to strengthen NJ. Herriott's hands. The summoning of these fl. nanciers has given rise to the suggestion that in launching a comparatively small loan under the Dawes plan reliance need not be placed exclusively on any one international bnaking group.
 The Anglo American bankers resent the imputatiOn that they are seeking to
 (COntinued on Page Two.l
 -----------------9 -