Show 9 Y V V Y V V V VI V Y V y y V y POINCARE CALLS GERMAN OFFER RIDICULOUS PARIS COLD COED TOWARD NEW I NOTE London on Other Hand HandIs Is More ore Favorably Impressed Impressed y- y BERLIN PESSIMISTIC Terms Fail To Meet With Expectations of Italians PARIS June Jun 8 By 8 By The Th Ju- Ju Juso Associated As Associated so elated Press Paris and nil Brus Brus- Brussels Brus- Brus Brussels sels asia are r keeping In today discussing the advisability At making a I reply to the new nw German reparations note or ignoring It entirely as a not Bus sus- sus of ot a basis for ne- ne negotiations n In the e event ent a D decision Is reached that a reply be b made the french toy gO eminent Is la reported r to fa faor favor or orI I a a curt dismIssal of ot Ger- Ger Ger Germany's many's monys latest late t proposition Belgium on the tho contrary Is la said to be b of o wording nording the ac- ac ac In such uch a D manner as might leave the way nay open for fora fora tora a further parley The French foreign office main main- maintains maintains maintains an absolute official silence on the th subject hut bu the Indications appear to be that a II reply will III be made and that Germany will ill be requested to announce once one and for orall all whether bether she sh Intends to continue con- con conr r or abandon her passive resistance re- re t stance In the Ruhr JOINT JOLT REPLY ImPLY 1 The Belgium cabinet favors a common reply but It seems ems that a Joint ans anser er will he be possible only If IC London agrees to lease lea no doubt In tho the mind of the th Berlin go rov eminent as to absolute necessity o ot discontinuing the th Ruhr resistance Upon this point pt Bel- Bel Belgium flum Bel-flum glum gium and Franco France are solidly agreed I There has been no direct com coin communication com communication between London and Paris on the th subject the British lo being transmitted to the tho DOrsay through Brussels The Th expectation here hero Is that Great Britain wilt will agree that Ger- Ger Gr must admit defeat In the thi Ruhr and that a joint note noto will be elaborated and dispatched f Ber- Ber ln Ber In tomorrow lOlO Rr S YS 6 YS ts PARIS Jun June 8 t By By The As Associated As- As Associated Associated Press Premier Premier Poin- Poin Poincare Poincare care care upon reading the German reparations note Is reported to f have ave called it ridiculous and the thene ne with the exceptions of the extremist organs take tak the thearn tame same attitude The Th six fix leading papers of ot Paris apply to the memorandum such suchY Y epithets as Inadmissible un- un 11 t p and not not needing II a reply IA Lo La Stalin l finds that the th note nole has the tho appearance of a I so greatly does It fall tall to recognize the pOlitical tit situation The devote them- them es chiefly to a dl cu lon of whether anything more mora than uan a forn lI acknowledgment of the ru memorandums receipt will wilt be bo sent by France Franc and Belgium D a joint allied reply will be bo dis- dis dispatched dis patched or whether the tho allies the tho question In Its supreme councils s NY YIELD Tho rho press see l to belle believe 0 that the only way nay to obtain unanimity among the allies Is to send Rend a repay ripi to Germany Germ stating that a a pro pro- proposal proposal pro proposal cannot b be received before she he yields to the conditions tin upon her In official circles much Is made of tho the fact that Germany falls to say eny whether she Is 11 ling to abandon her policy of passive resistance In the tho Ruhr AD en SLI BERLIN June 8 8 B By Te Th As- As Associated As Associated Press lead lead- lead leaders ers believe the th note delivered at atthe atthe atthe the allied capitals yesterday marls marks n advance over oer the th German Grman rov- rov ov ent's previous reparations especially since it more firmly tresses stresses the reich a good will and readiness to arrive at a solution of the problem ant and also because the subject of guar guar- guarantee guarante guar guarantee ante antee Is given concrete form D Despite this parliamentary cIr cIr- cIrcles dr cir circles des cles are aro not displayIng an excessive concerning conc r the tho reception of the th memorandum by the credo cred- creditor cred creditor ItIs powers In these quarte quarters It ItIs Is believed that Franc has effectually blocked any attempt b by n to create a favorable at- at at atmosphere for tor early negotiations n by seeking to Influence Belgium and Italy In Sn pledging n the fed federal ral s sas as the th chief guarantee the German government has hoe adopted one of the Inthe principal suggestions contained In the recent memorandum drawn up uv by y the tho Industrialist federation W lle the tho th note not does dou doe not specifically state that the tho th national system tem of o railways railway and all the tho property connected with It ar aru to ibe be placed placed In the th custody of trustees and nna conducted wholly as os a private 1 e the tho Industrialists un- un 1 that this would be he the tin government procedure and tha that d th tho lines would bo be b cJ on Two To PARIS COLD COLO TO GERMAN OFFER Continued l from Page PagO P sc One tot for tor the capital sum gum Of C 10 20 gold marks Tho To mortgage bonds would bid 5 6 per cent net net- oetting netting netting ting an return of ot gold marks mD MONOPOLY IOl NO XO O In connection e with the tho second I guarantee the German Gernan I Is confident that with the application application tion lion of oC rigid e a Hum um considerably In eXceSs of gold s could be b procured by the first on estate For Imme Immediate 11 ure re the tho government go has at Us lis dis disposal only tho the physical properties of th the Industrialists the shipping and banking interests Int and the alC- alC ag agrarians g all of ot whom are aro slid to have gl glen given en Chancellor Cuno tine tine- une unequivocal a assurance of of ot their materi materi- material I al UI assistance It t Is confidently be- be beI belie belle be believed I lie lle NI ed that the total to be realized I from this could I be Increased Ine by the tho 11 1 front from city an and 1 private fetI estate which would be b e on a h fly arable basi basis Darly Early plans for the creation of ot a tobacco monopoly were sere ere as unfeasible because of or the amount of or fluid capital required to liquIdate and also In via of ot the thc experience of oC no- no nation nolion na nation tion lion monopolies In other othor countrIes exclusive e ro gos ei con con- con Liol has Invariably resulted In In ln tenor production The go eov gO eminent no now proposes to Ie levy lesy y a heavy ex- ex c excise cise tax on ill ll forms of tObacco and md vi will also fo foice ce customs re rese- rese reve revenues from commodities classified 09 R luxuries R n IU iw OH BYr LONDON LONnON June By 8 By Tho The As- As Associated As Associated Press PreSh The Tho The new German reparations memorandum ha has cre- cre cre created atod a generally favorable to Impression sion alon In the Lon Lonion Jon ne most of ot which h regard It as a dis distinct ah ad advance anco 0 Os over er any pre pres buS proposal The suggestion of ot f a con con- conference con conference ference at which h German Germany be represented meets with the an- an an of a majority of or the corn com commentators n tOr n Considerable doubt is e pressed expressed as to whether hether France can b be 1 brought into line with the otheral- otheral lles lIes lIC's Tho Post sais sas Again we see how vitally Interested the United States In the l problems and how Impossible It Is i In the long long- longrun run for tor any credItor nation to pursue a 1 POliCY poncy of oC Isola Isola- Isolation Isolation Isolation tion Fl IT VIA UN UNS irm ROME RO June By 8 8 By The Asso- Asso Asso Asso- Associated dated Press The Tho The gerro says that the new now pro pro- proposals proposals pro proposals of ot Chancellor ollor Cuno are hUll far from realizing what Is necessary necessary sary nry for a possible with the allies lle a esen Cn taking is a 11 basis bals their mot most moderate claims as set forth In the memoranduM Premier Mussolini presented at LOndon The only noticeable Im- Im Im Improvement pro provement continues the newspaper per Is that In the new ne ne note Oar Oer- Ger Germany many no longer asks the i evacuation tion of the Ruhr fluhr LONDON r June S By 8 By The Associated Picas Pi ess diplo diplo- diplomats diplomats mats were ere reluctant today to e ex express preb press an opinion regarding Ocr Ocr- Gor tanys latest reparations offer be- be beyond be he beyond yond saying they considered that In certain points it represented an anad ad ance 0 over oser er previous proposals the foreign office experts have analyzed the fundamentals or of orthe the new ness note nole those thosa In authority prefer preter not to commit e regarding what steps If It On an any Great Britain will II take tako toward the so o lution solution of ot the German Indemnity problem It can be said nevertheless that the British gov government would ra- ra fa favor a- a asor vor sor or a settlement of ot the allies difficulties dif difficulties with Germany by an nn In- In In Intel tc tel national conference e on Berlins Berlin's proposals or by adopting the sug sug- suggestion of ot Secretary of ot State hughes that Germanys Germany's capacity to pay be determined b by an Inter Inter- international International national commission of ot experts It I Is io learned on the highest au- au au authority that Downing street con con- considers con considers siders alders th the reparation note constitutes a genuine genuino offer the details of ot which were decided upon In BelIn Beilin without any sort of or negotiation negotiation with the allies |