Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-24
WAR DEBT EXPERTS
FACE CRUCIAL WEEK
Subcommittee Report, Due
. Monday, Holds Key to
Farley Progress.
By the Associated Press.

BY the Associated Press
PARIS, February 23.-All IA dele
gates to the experts committee on rep
arations spent the entire day in earnest
efforts to figure out the next move in
the stalemate in the committees work
which has existed for the past week.
The annuities, or Germany's capacity
to pay, which among the nations ell
gagged in the deliberations will take the
initiative in defining the annuities, and
what total amount Of reparations must
be paid, were the three questions which
took up the complete day in non-offi-
cial sessions of subcommittee Of five
as well as in private conversations
among the other delegates.
Late this afternoon, NJ. Quit of Bel
GUM, DR.. Hialnar Schacht of Ger
many and Sir Josiah Stamp of Great
Britain met to draw up definite and
final proposal of the method of pro-
cedure to be placed before full ses-
son of the experts Monday morning.
Houng CaHeu upon.
Twice during the day the advice of
Owen D. Young was requested during a
Anree-hour meeting. Thomas NJ La
mont, alternate American delegate, also
was called in, but what questions were
discussed remained a deep secret.
Nothing has been given out and moth
ing will be given out until something
definite is decided" correspondents were
told by a spokesman for the Belgian
delegation.
All the delegations agree that a
crucial week in the negotiations will
open on Monday. If the subcommittee
presents a report acceptable to the
plenary session, then the outlook will be
favorable for continuance of the DELHI
erations in an atmosphere conducive to
reaching an understanding. On the
other hand, should the final report of
the subcommittee be found unaccept-
able Monday morning, then it is felt
successful conclusion of the present
conference viii be greatly endangered.
Success Is Hoped For.
One of the delegates of an allied
power told the correspondent this
evening: I'VE hope some way may be
found to reach a basis and complete
the negotiations successfully. We can't
afford to let this opportunity slide to
terminate the liquidation Of the war"
Then he hesitated and added, but ss
seems to us. neither can the Germans"
Meanwhile, the American delegation,
between consultations of the Subcom-
nlittee and conferences among them
selves, was busy welcoming Thomas N.
Perkins, one of the two American
alternate delegates, who reached France
early this morning. During the day
the delegation also saw S. Parker Gil
bert, agent-general for reparations, who
Is fully recovered after an attack of
grippe. Mr.. Gilbert was to have left
for Berlin this evening, but it was I'M
derstood that he had postponed his
departure until Monday afternoon. This
IS Interpreted as indicating that the
conference will not move to Berlin next
week, and also that Mr. Gilbert expects
- be called before the committee Mon
day. This will not happen, however,
sunless the report of the subcommittee
4n the future basis Of procedure is
sound acceptable.
French Cling to Views.
The French viewpoint has not
changed. The correspondent was told
BY person close to official circles that
France will not make the first move.
Although gracefully admitting that the
experts are independent gentlemen
who are not bound by their govern
ments Instructions" this parsonage
averred that France has gone the limit
In the way of concessions.
The feeling in foreign Office circles
continues to be that in accordance with
Premier Poincare's speeches of last Fall,
France is perfectly willing to revert en-
tirely to the original Dawes plan.
Meanwhile, the American delegation,
Including j. p. Morgan, Mr.. Young and
the two alternates, are maintaining a
detached attitude which, 1t is felt, will
b great asset of strength If the dead
lock continues, affording them an OPP
pertunity to propose compromise.