5 AUGUST 1922, Page 1

The French Premier, M. Poinear6, is coming to London next

Monday to discuss with Mr. Lloyd George and with repre- sentatives of Italy and Belgium the interminable question of reparations, which has become more acute now that the German exchange has fallen lower than ever and the pound sterling will buy 3,800 marks. Meanwhile, M. Poineare has sent a sharp reply to the German Government, who have refused to continue repaying private claims through the Clearing House at the agreed rate of £2,000,000 a month. If Germany does not promise by Saturday to fulfil her agreement, France will take "coercive measures." The main question is discussed in our leading columns.