On Saturday last the Supreme Council, at the instance of
Mr. Lloyd George, invited Germany to send representatives to Cannes. It is stated that the Allied experts agreed to reduce the payment to be made by Germany this year, fixing it at £36,000,000. 'It was suggested that Great Britain should receive, out of the £50;000,000 paid last year by 'Germany but as yet unallocated, the sum of £25,000,000 on account of the expenses of the Army of the Rhine up to April, 1920. France would receive an equal sum, as well as £62,500,000 in kind under the Wiesbaden agreement. Germany would thus be excused the payment of £40,000,000 this year on condition that she increased her railway and postal rates, restricted- her paper currency and imposed higher taxation. On -Monday the Bolsheviks formally accepted the invitation to a European Conference.
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