Evening star., 1931-06-23
fetal effect of the Hoover plan is to be

fetal effect of the Hoover plan is to be
felt.
However, it was stressed at the same
time that matters were not so simple
that plain yes or no" could suffice,
since the question was bound up with
considerable detail which must be elab-
grated and gone into-although not un-
til after the suspension itself has been
agreed upon.
Prime Minister Macdonald, answering
a question in the House of Commons
regarding his conversations with An
drew w. Mellon, American Secretary OF
the Treasury, replied:
Conversations Not OfficiaI.
"The conversations I had with Mr..
Mellon were Ill no sense official and
have nothing to report"
He also made a similar answer with
regard to the visit Of Chancellor Bruen-
ing and Foreign Minister Curtius of
Germany.
Despite the prime minister's formal
utterances, authoritative quarters to-
day for the first time asserted that
President Hoover's initiative was due
largely to conversations Mr. Mellon had
with Prime Minister Macdonald, who
previously had informed himself Of the
German situation in his conversations
with Bruening and Curtius.
The special difhculty Of Belgium and
France in acceptance of President
Hoover's proposals was the subject of
wide comment, but it was felt In for
efgn off1ce quarters that both would
fall in line with the United States and
Great Britain in view of the advantages
to world trade and economics.
Germany Could Delay.
Under the terms of the Young plan
and The Hague agreements, it was
pointed out, Germany at any time
it feels 1t necessary may automatically
declare two-year moratorium for the
conditional reparationS payment,
Therefore, discussion in French news
papers to the effect that France cannot
surrender the unconditional payments
but Is willing. perhaps, to forego the
conditional payments for one year is
the fact that Germany could of her
own initiative secure two-year mora
tortum OF conditional payments-with-
out President Hoover's aid.
Comment was made also that It was
not believed Italy would make any Inn
portant reservations.
British Loss Large.
1t was added that whereas Great
Britain was represented as being merely
clearing house for payments between
Germany, France and the other British
debtors on the one hand and the United
States on the other, If the present SitlI-
alton were taken into account. and the
British dominion accounts included, the
British loss, by acceptance Of the plan,
would not be far beneath Frances
Wnlcn Is the largest next to the United
States.
Prime Minister MacDonald,a ac-
ceptance Of the American plan has
been indorsed by newspapers of all
shades of political opinion.
The more the proposal is consid-
ered," said the Times, 'the more pro
found becomes the conviction of its
courage and importance" sentiment
which was echoed generally by con-
temporarieS of the Times.
Sympathy for France.
The self-denial the offer implies for
the American people was recognized
and appreciated. The necessity of
unanimity in putting the plan into
practice was emphasized There was
good deal of sympathy and concern
Tor Frances reluctance to lose inme-
diate reparations payments from Ger
many.
Several papers, admitting the justice
" CAHG CACAC44 fACWpOlt1I1 pl6dQeQ W1Cn
that country to accede to the PROPOSE
ton in the interests Of the community
Of nations.
The Post argued that, although it
would be q ''bitter trial" to lose $780,
100000 and risk big deficit, Frances
generous cooperation was indispensa-
ble," pointing out that the failure of
the move would be as disastrous to her
in the long run as to the rest Of the
world.
The News Chronicle said that while
France stands to lose more than any
other nation except America, her loss
would be more apparent than real.
French Must Choose.
"She has to choose between an
American moratorium and q German
moratorium which would mean no pay
ments at all, the paper said.
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