REPARATIONS: Optimism

The recommendations made by the two committees of experts (TIME, April 21) have definitely entered European politics as constructive factors.

Chancellor Marx accepted for Germany the Dawes reparation plan as a basis of a settlement. There was no evidence to show that the present German Government had not given up resistance to the reparations clauses of the Versailles Treaty.

Premier MacDonald accepted the plan as "an indivisible whole." The stressing of these words was taken as a reminder to France that Britain will not countenance any move which permits the retention of the...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!