The Hague:
The second conference of the Young Plan
committee on reparations (or “Second Reparations Conference”) opens. The committee was established in 1929 when it
became apparent that Germany could not meet its war debt payments under
then-existing terms. In its first
meeting, the committee drafted the plan, which has since been circulated among
the participating nations (including the U.S., Germany, Great Britain and
France). The Young Plan is expected to be
adopted at this meeting.
Prime Minister Henri
Jaspar of Belgium, who is presiding at the conference, urges the delegates to
work expeditiously, as many of them also want to attend the London Naval
conference, scheduled to start in about two weeks.
Brussels:
The train carrying Princess Marie Jose to
Rome for her wedding to Italy’s Crown Prince Umberto leaves Belgium. Due to bomb plots, the train will take a
secret, flexible and circuitous route.
Amsterdam:
The Amsterdam Bureau of the International
Federation of Trade Unions releases a statement saying that the fascist
government of Benito Mussolini has resulted in real wage decline of 20 to 40%
in Italy since he came to power in 1922.
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