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Show GERMAN NOTE NOT PLEASING TO-fRANCE Latest Moroccan Proposal Would Hart France and Help Germany. PARJ8. Sept. 11 The nature of Germany's Ger-many's reply to this proposals submitted by France with tha Idea of rwhin on imment rrtrardlng the Moroccan problem prob-lem has aflfocted French govarnment circle cir-cle unpleasantly. ' Germany's counter proposals wara received re-ceived In Parta Saturday nlht and. aftar belns submitted to lenirthy examination by Premier Caillaiux and Foreign Mtnla-ter Mtnla-ter Xeelavea, it was dacided to refer tha proposal a to specialist on Moroccan questions. When tha specialists have formed on opinion tha premier will -lt a meatlnir of the cabinet and Iny befora It tha whole matter for deolalon. Germanv aaka. It appeara, that avery claim of German aubjecta to conceaalona tn Morocco ahall be rconnled by Franca and that no nw enterpriea ahall ha yarted under ihe French prolectorata without helm Internailonallted equally. Tha clalma of Xi-rman auhjecta nar'e ularly thoae of Manneamann Broa. and apeculatlva companlaa organ lied by tharn, are anormoita. Tha German terma also ak for a free hand In Moroco, with conditions that would, according; to tha "French view, deprive France of all her advantajres and would aive Germany prlvlleirea In Morocco Mo-rocco beyond thoae of any power, avan Franca. Some other signatory of tha Alaeclra act may aak for another International conference. A a ml -off Ma! note received today aava that Mlntater IVsleva has examined exam-ined the obaervatlone preaented by the German government In reply to the , French propoaala, and that be probably : will take a favorable view of tn mug - i aeatlona contained therein for eatabllah- i Ins; tha economic equality of the now era ; In Morocoo, but that In opposition tn ; his Internationa? economic equality are i prlvileajea deaired by Germany alone. Other p6lnta. the note saya, are rained by the. German re upon aa which are equally aerloua. The nerof tattona between France and Germany, the note eays in concluaion. probably will be prolonged for aome time. Although the tone of the Parta bourse aa heavy today, the aolid structure of French finance was little alter ted by financial embarrassments, for the reason that the French buy securltlea for permanent per-manent Inveatment and do not sell on fluctuations In quotation. The worst of the Moroccan uncertainties Is on buaineas which simply awaits day by 1 day to aoe what will happen. French house have canoe led many buying orders In Germany and the French bank a. aa pre-i' pre-i' lot i1 y Indicated, refuse to renew the Ger. man loans falling due. - Credit llkewlae la cut off from Berlin In London. The Boclete Generate, one of the most Important of the French banks, ha refused to mnew a loan of s.OOO.ooo , franea rapproxlmately $l,200.00fl made to the Detiatche hank. There waa etron rercA-ery In all departments de-partments of the bourse today aa the result re-sult of the reassuring statement riven by Foreign Minister Von K Merlin -waechter last night to a leading financier regarding tha outcome of Ihe Moroccan ncgoUatinoa. |