Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-21
DEBT FARLEY FATE
IS DUE TOMORROW.
Negotiations Renewal De-
ponds on Plenary Session,
With Prospects Gloomy.
BIZ the Associated pre,a.

PARIS. April ls.-The second Dawes
committee ended today the tenth week
of Its efforts finally to settle the Ger
man PREPARATIONS problem in the gloom
Of threatening failure and bereavement
for the death Of one Of its members,
Lord Revelstoke Of Great Britain.
All hope that something yet might
be salvaged out Of the work of the
conference rested tonight upon talk
which the Germans were reported to
have had this afternoon with other ex-
perts concerning the possibility of re-
opening negotiations.
The American delegates to the COM
mittee were unable to say anything as
to the future other than that the pie
nary session Monday alone could show
whether there was chance to save
the negotiations from failure.
For most people connected with the
committee and for those following its
work failure of the conference has been
already established.
Up to PIenary Session.
1t remains, however, for the plenary
session to establish ofncially the fact
that the committee cannot proceed
further with Its efforts to reconcile the
diverget theses of the German and the
allied delegations.
Until the fun committee meets at IL
o'clock Monday morning no further
activities Of the experts were antici-
pated tonight.
The plenary session held this morn
ing adjourned at once out Of respect for
lord Revelstoke, who was found dead
in his bed, apparently from the fatigue
and strain Of yesterdays crucial session
of the subcommittee which he himself
headed.
The only development today was the
contention by the German delegation
that DR.. Schacht'S proposals contained
nothing Of q character that should have
broken up the conference.
The Germans brought forward no
new proposal, however. and SO far as 1t
could be learned they showed no in
clination to withdraw the conditions
which their chief had proposed for any
increase Of his offer Of 81 annuities
proximately 1896. 000. 000)
Memorandum Contents Withheld.
It was said in German circles that
their figures were susceptible Of a GER
tain increase. but no indication was
given that they would increase their
offer without maintaining the political
considerations which DR.. Schacht de-
clared were absolutely imperative If
Germany paid any more than he had
offered.
The German delegation refused to give
out its memorandum here. but Berlin
dispatches quoting the German press
cite DR.. Schacht's references to Upper
Silesia and former German colonies.
Neither the Americans nor the other
allied experts would reveal the contents
Of DR.. Schacht's memorandum. AL they
were willing to say was that II anyone
wanted to know to just what extent
political considerations had been thrown
into the debate, they had only to con-
suit the memorandum. They added
that the Germans had only to publish
1t as 1t was read before the committee
to establish the truth. .. =,
Reports Of efforts by the Germans to
reopen negotiations were regarded by
the French as closely connected with
the source Of German dispatches from
Berlin referring to uncomfortable re-
ports that efforts will be made to find
q new basis for discussion" The French
attitude Is that France did not demand
calling the conference of experts, but
now that 1t has been convened would
prefer it to come to some sort of agree
ment.
Failure Weighs on Bourse.
Failure of Lord Revelstokes subcom-
mittee to find basis Of agreement be-
tween the Germans and their creditors
weighed rather heavily on the Paris
Bourse today, but In the main the street
accepted the failure philoSophically.
It was stated authoritatively that 1t
was wholly up to DR.. Schacht as well
as the other experts to decide whether
a provisional solution lay within the
committee competence and that this
did not concern the German govern
ment which consistently had declined
to instruct the German delegation
Should neither q final nor even a
provisional solution be reached, it was
stated In offlcial circles that Germany
would continue loyalty and to the ut
most Of her ability to live up to the
Dawes plan. At the same time the
general belief was expressed that this
would fall Of its own weight before
another year was over.