26 APRIL 1924, Page 1

The reception of the Report in France may be said

to have been favourable in principle, if critical in detail. There is an obvious tendency to attempt to maintain the economic system which has been set up in the Ruhr while paying lip service to the idea of the " indivisibility " of the Experts' scheme. M. Poincare is re-emphasizing his determination not to yield an inch of his position in the Ruhr until the Experts' scheme begins to work. But the Experts have asserted that the restoration of the economic unity of Germany is the absolute: pre-requisite of their scheme. Thus it seems as if the real battle will be waged on the question of who is to move first. Is Germany to set up the system recommended by the Experts and begin payments, and is France then to begin to relax her hold on the industries of the Ruhr ? Or is it to be the other way about ?