Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-08-23
Concessions Made to De-
mands of Britain Estimated
at 80 Per Cent.
JASPAR PLACES TERMS
BEFORE ENGLISH LEADER
Hope Had Been Revived When
Final Ssa:,cn i Put GH
to Next Week.

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the Tseacn Ge4es1saon LoCAy G:C.2.e4
Lnat efforts were continuing end will
continue to the end to reach an
agreement.
By the Associated Press.
THE HAGUE, August 23-Philip
Snowden, British chancellor Of the ex-
cheouer. this afternoon rejected The
new compromise proposals offered him
by the other four principal creditor
powers TO satisfy the British demands
for en- increased share of German
reparations.
The basis of the arrangement which
the other four principal creditor pow
ers are seeking with the British is the
increase Of British receipts through
share of rhe snnuities. bv France Of
her interests in the balances avsils BILE
from the Dawes snnuities this year.
which had been esrmsrked for the
smaller powers, and by the transfer by
Germany Of part of her conditional an
uuitjes 10 unconditional ones.
France and italy would compensate
The smaller powers by revision Of their
debts.
Some estimates ~ the amount thus
assured 10 Great Britain fixed it al 90
per cent Of the total demands made by
Chancellor Snowden.
Presages Failure.
Hopes which had been revived that
the conference might vet surmount all
obstacles and finally agree on adoption
Of the Young plan were shattered by
the rejection on the part of the British
chancellor.
Mr.. Snowden. after considering verbal
proposals presented by Premier faspar
of Belgium last night ana a further de-
tailed offer made TO him this morning
consulted his colleagues and decided
that the offers represented little ad-
vance on those already rejected and
could not be accepted.
Mr. Snowden held that the offers oi
the four powers with a contribution By
Germany in an increase of the uncon-
ditional snnuities fell far short of the
estimate made last evening. II was said
in French and Belgian circles that their
offer represented at least rs per cent OF
the amount the British demanded, but
Mr.. Snowden contended that it was
worth much less.
Even the most determined optimiSts
this afternoon admitted they could see
no way in which the conference could
overcome the difficulties and it is now
expected that the sessions will end al
the beginning OF next week in full
session that will enable the delegations
to place their positions before the world
Had Revived Hope.
New hope that an agreement would
eventually be found at the reparations
conference was raised today with the
announcement that tomorroW'S full Ses-
sion of the conference. which had been
expected TO be the last, had been post
pone0.
Postponement of the full session was
announced after this mornings meet
ings of the groups seeking a compro-
mise between Great Britain and the
four other creditor powers. The dele
gates. who had begun 10 despair of an
agreement on the Young plan. felt
hopeful again inasmuch as the final
breakup of the conference had been
pushed of.
Premier BRAND of France. Foreign
Secretary Henderson Of Great Britain
and Foreign Minister Stresemann OF
Germany. all of whom had counted on
leaving The Hague after tomorrow
meeting. which had been thought would
be decisive, are now understood to be
making arrangements to prolong their
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