The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-05-29
AUSTRIANS TOGET
PEACE PACT TODAY
Document Will Lack Eco
nomic Reparation Details.
By Sid6 Correspondent Of The Sun
CopVri0ht, 1919; oil rioAts r.serr,d

PARIS, May 2S.-To-morrow forenoon
the Allies will present the Austrian
treaty formally. with ceremonies like
those previously held at Versailles Civ
ing the Austrians probably week in
which to answer. The treaty to be
handed to them will lack some OF its
most important parts, as the items in re-
gard to economic reparations still are
uncompleted. The Austrians have de-
INJURED at this. hut the Big Four decided
to give the uncompleted treaty to them,
as this at least will give them something
to work upon
In a plenary session of the Peace Com
eress tomorrow in the French Foreign
ONCE the terms OF the Austrian treaty
will be made known to the representa-
tives of all the countries which broke
diplomatic relations With Austria The
plan TO assess the countries which have
become detached from Austria with n
share of the reparation to be made by
the old Dual Monarchy on the theory
that these territories in whole or In part
had been fighting against the Allies until
the last months of the war is almost
certain to fail as the result of a strong
protest by President Wilson and the
American delegation.
In lieu thereof the counter proposaI OF
the Americans probably will be accepted
by which the new nations will be en-
couraged to make an offer to share some
OF the war costs of the Allies in return
for their liberation. Under the Ameri-
can plan they would be treated as part
ners instead of as former enemies the
Americans insist upon this.
Ihomas w. Lamont. chairman of the
committee which has been handling
Austrian reparatlon. upon which there
We're decided differences OF opinion in
the Council of Four. has been holding
up this part of the Austrian treaty, but
u Is likely now to be cleared up this
week
The plan advanced by the Allies was
absolutely repugnant to the Americans. 1t
would have meant for example, a heavy
burden for Czecho- Slovakia, which is
constituted entirely out of Austria. The
Americans took the ground that whether
a state like this entered the war on the
right side early or late. nevertheless IL
has been an ally. and to give II now an
enemy status would be unwisc politically
and financially, tending to encourage
such states to associate themselves in
the future with Germany.
lT advancing their counter proposal
the Americans maintained that more
financial cooperation could be gained
through these countries in effect re-
imEursing the Allies for the expense OF
their liberation.
American financiers who have been
engaged upon the problem consider
the reparation obtainabIe from Austr!a "a
anc Hungary as nebulous. Austria
practically is an empty shell. it's po-
sition appearing, in their opinion aims ST
hopeless. Its agriculture and industry
are at the lowest ebb. AS stated by one
of these fnanciers. III anybody can find
financial institution In Austria that is
actually solvent he will be a wizard"
Hungary. our experts believe, Is not
nearly so bad. They believe that IL she
were provided with raw materials and
her financial institutions were reorgun-
lied she would be modestly self-support-
Ing In year or two. However, the
chances of getting much reparaticn
from Hungary within ten years are
slim as she will have to import nsxt
year alone $25,o0O.0 900 worth of food
stUffs. Austria. however, is Infinitely
verse on. as she must have sl25.0Go,-
' 009 worth.