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This attitude was aggravated by the recent Franco-Belgian agreement with the German industrialists (TIME, Dec. 3), which was said to constitute a threat to Britain. The line of argument which Britain will adopt is that "the occupation of the Ruhr is illegal and cannot be justified"; that a settlement with the German industrialists was agreed to by them under duress and is 'without effect...

Author: /time Magazine | Title: REPARATIONS: The Latest Plan | 12/10/1923 | See Source »

...balance the German budget and stabilize the currency. The second would evaluate German wealth held abroad and would report on the means of getting it back to Germany. No mention was made of Germany's capacity to pay reparations, and the question of the legality of the Ruhr occupation was not raised...

Author: /time Magazine | Title: REPARATIONS: The Latest Plan | 12/10/1923 | See Source »

This statement principally concerned cash reparations. Despite unfounded reports that the Germans were playing their traditional policy of evasion, their position was clear: it was that France had largely contributed to the political, economic and financial chaos in Germany, and that her presence in the Ruhr considerably aggravated that condition; under such circumstances it was impossible for the German Govern-ment to pay reparations until it had set the Reich's affairs in order...

Author: /time Magazine | Title: REPARATIONS: Accord? | 12/3/1923 | See Source »

Politically he will not be better off than was ex-Chancellor Stresemann. He will inherit, as a "nonpartisan" man, the same internal political difficulties. His policy will be the same: to restore finances, to provide an agreement with France without admitting the legality of the Ruhr occupation or jeopardizing the interests of the other Allies, to conciliate Bavaria and strengthen Minister President von Knilling, to repress Monarchism and Bolshevism...

Author: /time Magazine | Title: GERMANY: Stresemann Falls | 12/3/1923 | See Source »

Soon after General Degoutte occupied the Ruhr, there was submitted to him a report that 127 Germans were being confined in one room, indecently. He accepted the report at face value and was merciful. He did so, because the report was signed by a representative of the Society of Friends...

Author: /time Magazine | Title: Religion: Friends | 12/3/1923 | See Source »

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