Every evening, Wilmington daily commercial., 1918-12-14
S7,5OO,OOO,OOO SUM
SET FOR GERMANY
TO PAY THE ALLIES
Even $4,000, 100000 is Not Be-
yond the Huns Capacity Tor
Indemnity, Says Expert
WOULD PINCH HER PURSE
. Associated Press 10 Every Evening

BY Associated Press 10 Every Evening
London. Dee. l3-One London banker
estimates that Germany Will nave 10
nay 10 the Allies for reparation ana
restitution about s. 500, O,0oO,Ooo oaicu-
lated on a five per cent basis, with q
one per cent sinking fund. tins would
mean an annual charge ON the German
revenue of $3.50, 900, 900. He says there
can be no question of Germany 5 ability
to meet this demand
|, is impossible, he says. discussing the
subject in n newspaper article, to arrive
nj any approximate figure rs to damages
and robbercs IN the invaded territory
For Belgium. the article continues, Il
would put the amount of indemnity at
81 .iOO. 900 900 OF which sum lcvics on
Belgian towns account for something
like $500 .O0O.0OO | know of another
estimate for Belgium which Is as high as
s. 0OO. .OoO0O0. and Belgian OF some au-
thoritv estimates the amount at $780,
OO0. 900
With regard to France he says ono can
not reckon the loss suffered, but CON
sidcring that the war has been Waged Tor
the most part on French territory, and
III the center of her industrial area, We
may put the figure nj S2.Ooo, ,Om,ouN.
Italv'S damage Is computed At sl50,oOO.- :
000 The same amount Is set as Rumanla :
bill including the loss of quantities ct
foodstuffs and damage to oil wells and
other property He thinks that S5O,00o,-
600 would cover Serbia loss and like
sum probably would reimburse England
for damages caused by mir raids and
bomhardnCntS.
Shipping losses arc then discussed
Il estimate hc SAYS. the loss at ships
in figures Of tonnage at nnc million, and,
taking the average value Of 5000 . ton
this would figure ont NJ 81 ,SMON0OD-
Adding the total vauc 1t cargocs at
say, 5000 900. We have the total Of
s., 200 900, for tfrcat Britain alone
The shipping losses ol the Alhcs | cstI-
mate at 5000 .0O0.oO0
Il have heard an estimate which places
the total Of the bill against Germany at
$40 600 100000 which. like my own
calculations Is Of course To some extent
necessarily hypothetical But ! would
put the figure myself at S1.5o0.oWWn.
which docs not. of course, nciud any
part of the cost Of the war
Regarding Germany : finances. he calls
attention to tho last pre- war budget
presented To tho Rclchstag, which showed
!, revenue of SS75. 900. 600 The estimate
Tor the armv was S292, ,500.000, and for
the navy Sl07 100000 total Sf0O,on,-
n0a
Eliminating the expenditure for arma-
iacntS. the article goes On, sthis would
allow Germany to pay approximately
thc interest and sinking fund on tho
500. 100000 compensation. leaving the
balance If revenue. whatever il might
BE- ~ meet the cost Of conducting the
epnire and na1ing the interest on her
loans which amounted early In the pres
ent year to So. .0oO, ,OOO, 900, = sum which
has. 81 course. been substantially IN
creased since
In order to meet the Allies bill Of
damages. the writer saws. 1T may b.
that Germany would have II suspend
navmcnt of interest on her own war
loans-I don't say She would rcpudlatc
this obligation