23 APRIL 1921, Page 2

Germany shows no intention of paying by May 1st the

balance of the sum of £1,000,000,000 in gold due from her under Article 235 of the Peace Treaty, as a first instalment of reparation. The Allied Premiers are therefore meeting to determine the measures which must be taken, as Mr. Lloyd George said on Monday night, to enforce compliance with the Treaty. The French Press is suggesting the occupation of the Ruhr valley. The Reparation Commission has ordered that the gold reserve of the German Imperial Bank shall be transferred to Cologne or Coblenz, within the occupied area, by May 1st as a guarantee for the payment of the stipulated sum. This gold reserve at the end of last year was £54,000,000. The Imperial Bank is a Government institution with some private shareholders.