11 JULY 1931, Page 1

. Attached to the Agreement is a declaration by France

that financial help shall be organised for countries parti- cularly affected by the suspension of payments. Here would be included, no doubt, countries like Greece, which are alarmed by their possible losses. Then France declared that there shall be an arrangement between her and the B.I.S. under which she will make monthly pay- ments at the demand of the Bank, following the transfer of payments made by Germany : this will take the place of depositing at once the whole of the £24 millions that she undertook at The Hague to provide as a guarantee fund in such circumstances as may now arise. In the matter of suspended deliveries in kind and in "other technical adjustments " France agrees that a Committee of experts shall be appointed to advise the Governments. These are to meet next week.

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