Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-20
DEBT EXPERTS HOPES RAISED.
Reparations Settlement Expected to
Follow Hoover Note.

ReDaratt0nS SettlcmeHt L&PcCOOu W
Follow Hoover Note.
PARIS, May 20 P.--News that the
American Government has taken hano
In the reparation settlement tangle
which became known here today mas
changed the aspect Of things at the ex-
perts' headquarters.
It is generally felt that 1t may alter
the whole course of the negotiations and
make possible a settlement of which
nearly everyone had begun to despair.
The American delegation to the con-
ference was stated to have received
through the usual channels" a COM
nunication from washington, but no
member was willing to divulge its con-
tents or make any statement concerning
it. The embassy. through which the
communication was received, also was
silent.
From authoritative sources it was
learned that the document concerns a
decision reached by President Hoover
and Secretary of State Stimson at a
cabinet meeting.
Causes Great FURRY.
The news that President Hoover had
communicated with Owen D. Young
through the American embassy caused
the greatest furry in the Hobbies of the
Hotel George v since the presentation
Of the German reply to the allied memo
randum that almost broke up the con-
ference three weeks ago.
Speculation started at once and sprea d
throughout the building as to just what
President Hoover had proposed to the
chief American delegate. The general
assumption was that the message au-
thorized reduction in the American
share of annuities and the question that
was on every ones lips was: How
much?"'
The American experts refused at first
to say whether or not they had received
any message and referred all inquirers
to the embassy. Finally Thomas w.
Lamont admittd that massage had
been received by Mr.. Young from
Washington. but said that the con-
tents could be divulged only by Norman
Armour, American charge d'afairs.
Z. S. Sacrifice Assumed.
The simple knowledge that President
Hoover had taken hand in the ma liter
caused hopes to rise quickly, 1t being
assumed that he would do so only to
consent to some sacrifice on the part OF
the American Government.
The creditors experts who were to
meet this afternoon for final decision
concerning the German conditions at
tached to their acceptance OF MI
Young's proposed annuities and to dis
cuss again the repartition OF annuitleS,
left the experts headquarters with
broad smiles. The feeling was that If
the United States had made a sub
stantial sacrifice the comparatively
small sum requested to satisfy Belgium
and Italy and make acceptance OF MT.
Young's plan possible would be found.
Delegates Of the creditor nations last
night finished their study of DR..
Schacht's reservations to the proposals
of Owen D. Young, the American presl-
dent of the conference, and hoped that
some time today or tomorrow tull re-
port could be given plenary session,
or at least a set of allied counter pro-
posals handed to DR.. Schacht, German
spokesman, for him to study.
Stamp Report Nearly Ready.
The work of the allied delegates yes
terday largely was taken up with formu-
lation of notifications to DR.. Schachts
reservations, and with suggestions for
certain changes and EXAMINATIONS. Inc
report of Sir Josiah Stamps subcon-
n1ittee-which probably eventually will
become the report of the entire ex-
pertS' committee-was practically COM
plete, with the exception OF the annul-
ties figures to be inserted.
The question of revision of the Spa
percentages for allotment OF the repa-
rations to the various governments has
still not been settled, but some agree
ment. If none better than to defer &C
ton for the creditor governments them
selves, seemed likely to be reached some
time today.
French opinion today seemed about
equally divided as to the chances of
definite solution of the problem, but In
the main expressed the belief that their
four months work would end in some
sort Of solution.