The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1919-04-15
FIRST PAYMENT IN 2 YEARS
Twenty Billion Gold Marks to
Be Paid in That Time
without Interest.
BOND FOR 40 BILLION MORE
Commission to Determine
Method; Second 80 Bill
lion in 80 Years.

~ The N'h".l go iF'''
PARIS. kprl ~ one hundred
bmion gold marka rs the amour.
Germany must pay th" allied and
.lssociatcd governments for losses and
/ damage causcd IL the war, plus other
| billions 10 be determined hr u sp".
! clal commission ON which Germany
! ia go be represented.
THIS ls the final aud definite Gone
/ ,lu-ann which hna been reduced 'u
writing after weeks uf negotiation
which took wide, range and in
/ vowed rorrou, ,hnkgcs ana mod
/ Ncutiuns The payment of the 100
/ GOO 600 00O gold murkS In to he
! divided into three distinct amounts
? ns follows.
. FIRST. 20 billions within two years
| second 40 billions during 30 Years
beginning I'm 1871 third 80 billions
when "A commission Etlll determine
/ how 10 shall be done
statement authoritative,
In view NJ the fluctuations through
/ which the negotiations have passed
7 an authoritative statement wnH uh
! iliurd today concerning N" tnh
I terms ~ the settlements Thia sums
up the conditions az follo~s
Germany Is AZ the OutSi held
generally rcEponsihlo for losses and
damages In accordance with prcSi
dent Wilson's II points and the al
| lied reply NJ the time the arntatlce
was concluded TO determine tn" "N-
! tent ~ the payment. under thiH re-
| vpUuAibiliiy "A committee Is set uD lu
/ take testimony. assemble data ana
arrange all details of tho payments
! from tho enemy and distribution
| among lhc allied and h'S'ocItied
! powers
white the commission will nhmin
! lister the details Of IN" payment, euf
! rcicnt ia known 10 permit N" lie
/ termination thHl an Initial payment
NHI be asked conRi-ting of 20 00O,-
/ 200. 600 gold marks, payable In two
Years without interest u has also
/ been determined mat 0.O0O 600 90"
/ gold mnrlt1 shall be- paNnhI" In bonds
extending over a period NJ 10 years.
7 beginning 1921 with a sinking iund
/ beginning In 1926
Thoac ~. 600 0OO 600 marks draw
70 pcr cont interest from lFIl
. 10 1925 and por cent Interest af'cr
| 1926
In addition TO the foregoing pay
ments Germany also Will ho required
to deliver additional bonds FOR N
/ OOO, 600 600 marks when the commits
4on determines that this shall DE
done
/ These three payments ~ 20. t0 and
I iO blIIion bring the total 10 100 bill
/ lion gold marks
/ Reyoud this total tho cOmmiFaion
/ ia empowered to n, anything fnFth"r
/ that might be required 20 cover Ger
mnuy's indebtedness
IN other wordH' concluded the
i eminent American authority who
| framed tho terms and furnishes III"
| foregoing summary. q commission i7
I sct up with power 10 collect German
. 10 tho utmost ~ her capacity 10 iay
/ within the limitation ~ her Indebted.
ncs4"
I uIsin the gold rr'arks rnn' ,u nny
/ mcuts are "NprosHcd lu 'h' iiuaI
terms This excludes d"rr"cniod
paper marks and flyrs the standard
. ~ raNtupnt IN gold Tn" gold marx
I ,s worth about the gom" a' M" Eng
/ Iish shilling and before M w'r was
quoted - ease American 'rnF
I. < Gcts = Per Cent
The allotment Of 'hr 700 600 600
f 0Uo marks among tho allied and l.
uorurrd powers has not been finally
decided bat 20 ton'uii," arrangement
makes tho uI,uimrr' ~ l'rtuJD about
{. rrr cont ~ tn" total Great Er
,3lu.4 allotment hr'V,nu 30 ana 20
pr, cent and the allotment ~ 'hu
United states between two and i've
per cent
The 'rrt NJ rhc ororiug clause ~
tho terms whereby Germany is h'H
generally rasponsi roads sIh7'an
'.a'ly as follows