New Britain herald., 1929-04-19

German action yesterday ending in complete breakdown of negotia = tions for settlement of Europe $ colossal post war debt problem. i No course other than reversion 70 the Dawes plan. with subsequent 1 topping of budding peace struc- lures and straining of every tie maintaining the European status quo, seemed possible.
 i It was assumed the German gov ernment knew and acquiesced in the luncompromising refusal of Dr- | Hjalmar Schacht. German spokes- man. to permit further negotiations, except on his own terms. The pre- sumption was Germany had decided on an aggressive attitude toward it's i former enemies.
 Raymond Pcincare, French pre- mier. against whose heavy hand in the Ruhr Germans repeatedly have complained, was expected in a speech Monday before the general council of the department of the Mouse to approximate an T told you so' and make plain Frances at titude toward political problems raised by the Germans.
 Little remained for q plenary ses- sion of entire committee of experts today 10 do beyond hearing the re- port of Lord ReNelstoke's committee that the German attitude had made further negotiations impossible, and then drawing up a report to each of the governments concerned noti- flying them of the failure to reach a settlement, and the reasons for it.
 Possible Future Courses
 Several possible courses appeared for the future. with only one of them offering an alternative to con- tinuation of the Dawes plan. This was that certain plaCatory elements in the German government would, recognizing the consequences to Germany of the breakdown, manage to obtain withdrawal of pr. Schacht and his conferces and send another Sub- committee 10 Paris to see what f could do. II was a dim prospect, however, and one held here hardly 10 be considered.
 Once notes Of the experts com mit'oe, appended possibly with q German minority report on the breakdown. nave been sent 10 the various governments concerned. the way will be opened, il was pointed out, for diplomatic negotiations for a settlement. But this too was Q hay prospect, and one offering lit- tie hope Of satisfactory elimination, evon far in the future.
 What seemed more likely was that the French government would move to have the 'prosperi'y index pro- rided for in the Dawes plan begin to function at the beginning of the siTth annuity year, September l, 1929. increasing the present annu- ities Of 2,50o. o.oo0,ooo marks (ahout $G0o, o0o ooo) 10 257n, GOO .000 marks tabout s6l6,S0o. .000> and providing q machinery for further increases,
 The German counter move would bo application 10 s. Parker Gilbert agent general for r"parations. for in- vocation of the Dawes plan transfer "lausc.' which can act 70 prevent rh" payments ever becoming so large as 10 cnd7Nc"r German currency.
 Hard Feeling Persists
 The int"nSiiication Of the always hard feeling between many Ger mans and many Frenchmen which might result from these two moves and their subsequent developments formed only one phase of situation t@"ming with unpleasant possibili- ties. Other phases were the effect the wrccking Of the conference would have on th" British general elections May 30, where the post war debt