Word: franco-belgian
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...Franco-Belgian attitude presupposes the fifty billion gold mark offer from Germany. Great Britain will, it is known, surrender the major part of her claim against Germany. Thus France would net something between seven and eight billion dollars. With adequate guarantees for payment of this amount, it seems that France will be obliged to accept it, despite her present determined stand against reduction in any form...
...meantime Franco-Belgian policy in the Ruhr has become intensified. General Degoutte issued an order confiscating supplies of coke throughout the occupied area, and at the same time made it known that further resistance would be treated as a criminal offense...
Signs of peace are only just visible, but that is in itself tangible evidence. The political news from Germany points to a more conciliatory attitude. The outlines of a Franco-Belgian agreement made by Poincaré and Theunis were published, and point to the fact that economic guarantees between France, Belgium and Germany will be the medium through which a cut in the reparations bill will be accepted. In a speech at London, the Marquis Curzon, British Foreign Secretary, advised Germany to make a definite offer to France and Belgium. This was received in most European capitals, as a possible...
...question of policy the Germans are as adamant as ever in their conviction to resist the French. The " Franco-Belgian Entente " says that the real object of the Ruhr is to speed up coal deliveries, which seems tantamount to admitting defeat. They have, however, decided to requisition coal in the pits with their own labor backed by force, if the mine owners fail to pay a coal tax. But the true aim of the French and Belgians seems to be a separate agreement with Germany and the abandonment of the Versailles treaty...
Both countries face a daily rising expenditure of about $100,000 for the direct cost of occupation. The Germans, too, are being forced to expend large credits on coal and food, but their hindering tactics are not so costly as the Franco-Belgian Ruhr administration...