Word: ruhr
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Last week the French stated that they would confiscate all the Ruhr Valley industries, punish sabotage with death and resistance with imprisonment. This order, not yet promulgated, in no way affects the subterranean efforts for a "settlement" which have been going on for some weeks at Paris, Berlin, Rome, London, even Washington. The French have no intention of staying their hand in the Ruhr until definite preliminaries to a settlement of the Ruhr and reparations problem have been agreed upon...
...Ruhr: " Had Governor Cox been elected President in 1920, the French would not be in the Ruhr in 1923. . . . The real cause (of the controversy) is the fear of Frenchmen that when Germany is in condition to pay she will also be in condition to discontinue payment and, should it suit her plans, to invade France again...
...Georges Theunis (Catholic Party) became Premier and Minister of Finance on December 14, 1921. He has always shown himself inclined to moderation, and since the first two months of the Ruhr occupation he has strongly advocated a policy of British friendship, which he declared was vital to Belgian liberty...
...present day value" has now fallen to one-quarter on account of the loss of territory and population and reduced consumption. With the recovery of the eco- nomic activity of Germany it will automatically increase." The note urges an oral discussion," but makes no mention of the Ruhr occupation or passive resistance. In the meantime Herr Stresemann, Chief of the People's party, is being kept in reserve. Much anxiety is being evinced in Paris over the trend of British policy in connection with reparations settlement. It is known that Premier Baldwin will base his plan...
...common consent the Allies have fixed the amount at $11,900,000,000. 2) No adjustment must be tolerated that will give any nation political, economic or military hegemony over the rest of Europe. (An intimation that the French will not be allowed to occupy, permanently the Ruhr.) 3) Italy will bear her share of necessary sacrifices in order to facilitate reconstruction of Europe. 4) The problems of interallied debts and reparations cannot be considered separately...