Word: cuno
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Dates: during 1920-1929
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...Franco-Belgian discord is only just making itself felt. Belgium wishes to present a separate note to the Germans after receipt of the second Cuno offer. Her reply will be based upon Anglo-Italian support, which is precisely what France desires to avoid. It seems that France must either admit all the Allies into the Ruhr discussion or try to drown the harmony of an orchestra with a noisy trombone. It is, therefore, probable that an Allied reply will be sent to Berlin...
Progress toward a settlement now hangs on the German political situation. Increased pressure is being brought to bear on Cuno by Stressemann, head of the People's Party, and Breitscheid, leader of the Socialists. As reported (TIME, May 12), an understanding is being reached between these two parties with a view to ousting Cuno. This done, the real offer to the Allies will follow as a matter of course...
Germany will, no doubt, make a more substantial offer, but it is probable that a move in that direction will not be made until after the anticipated fall of Cuno. Herr Stresemann, who will in all probability succeed Cuno, is reported to be in communication with the great German industrialists, who are asked to place part of their resources at the disposal of the Reich to enable Germany to give tangible guarantees for the floating of an international gold loan...
...leave London unless a plan having his approval as head of the Government had already been decided. The inference is that the Curzon speech was arranged by the Cabinet with the approval of the German Government. Curzon makes the gesture, Bonar Law travels happily away in search of health, Cuno confers with the industrialists and prepares his reparations offer...
...major part of their share, which is about $2,618,000,000. The net offer will be between seven and eight billion dollars, and it is considered likely that France and Belgium, with the concurrence of Italy, will accept this figure. There is still, however, a possibility that Cuno will open the negotiations with a small offer; but such an action will depend on whether the British Government can persuade the French to accept the fifty billion mark offer as a basis of settlement, or whether France will ask for the cessation of passive resistance before any offer...