Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-04-15
DEMAND 20 BILLION
IN BONDS OR MONEY
WITHIN TWO YEARS
Summary of Reparation
Terms Is Announced by
ENJOYS in Paris.
THREE DISTINCT AMOUNTS
ARE SET FORTH IN SCHEME
To Secure Forty Billion Marks
Spread Over Period of Thirty
Years.
PLANS ARE NOT COMPLETED
Special Commission Will Devise
Means of Collecting Similar
Sum From Enemy.
THREE DISTINCT AMOUNTS
ARE SET FORTH IN SCHEME
PLANS ARE NOT COMPLETED

Paris. April h.-Onc hundred. bill
non Eoid marks is the amount Germany
must pay the allied and assocfa ted
governments for losses and damage
caused in the var, plus other billions
10 DC determined by a special commits
son, on which Germany is to be ron
resented
rms is the final and definite con-
ciusion. which has been reduced 10
writing after weeks of negotiations
which took n wide range and involved
frequent changes and notifications
the payment OF the 1oo 600, 900 900
gold marks is to be divided into three
distinct am MOUNTS, as follows:
FIRST, 2o.ooo.ooo, 900. Or approximately
Sa.09o'ooO.o0o, within two years
second. 4o,oe0,0oo,ooo during thirty,
years, beginning in 1921.
Third, 10000, 10000 when accomm,s.
done. ii oii DC
wI,1on In yteT of the, fluctuations. through
an authoritative 4statement ~, spAsseH, ot
OF The 1onSiernirE the final terms
conditions as follows: - -
Germany Held Responsible.
Germany is at the outset held gen
orally responsible for the losses and
TWaim,ages Wi,sngIs:s in % accordance with President
was concluded Te p de9ermine t aha arhsstse ths es
testimony @ nc assembie udndeS this respon
all details Of the payments o from annaass TIE
aLlied and associated powers While
the commission will administer the the
f.als anoWs Of 16 the p;n,s:.snts sufficient is
that an initial payment will he re-
sairea asysS,e Of f 10000 Mo go 900 gold marks
ddo II has naa also been determined that 40.
oe9. .ooo, 900 gold marNs shall be pay
al able e. iI, in bonds extending over a period
VI tnirty years, beginning IN 1921, with
sinking fund beginning in 1926.
Interest Rates fixed -
These +o.ooO.oOO.0oO marks draw
;o5c ds per cent interest from 1921 to
In addition to the foregoing pay
edei to dever alSo Viii Be re9qirsd
100000 marks when the commission
determines that this shall be done
1855 snree eo oe6 Of
the total to 100, 900. o0O, 900 gold marlxs
10000 10000 10000 10000 O0ETAOiNNNj
emno@e1ed .sySaa th'S total the sommission is
that may be required to Cover Ger
many's Indebtedness.
nent American authority who Framed
the terms and furnished the foregoing
summary 5omnr ~, us "a commission is set up with
utmost OF her capacity TO pay. within
the limitation of her indebtedness."
Payments In Gold Marks.
II is in the gold mark that all paw
ments are expressed in the final Terms
This excludes deprecated paper marks
and fixes the standard Of payment in
the same as the English shilling and
before the war was quoted at eS.Ss
The allotment OF the 100000, 600, 900
dsa ded ,dsa powers r, has not yet been finally
makes the allotment of France about
3 grita,n,s Per cent indtu of the total Grea:
80 per cent. and the liine allotment % of iha tho
United States between 2 and 80 per
The text of the opening clause OF the
terms. terms. whereby Germany is held gen
orally responsible, reads substantially
,,,rh, The allied and associated powers
sibility for all losses and damages O:
and their nationals from the unjustifi
able war Waged by the enemy power
against the allied and associated gov
Then follows provision for the com
miSs'on M on payments and extended de-
sion.
Credentials Inadequate.
:, The credentials committee held its
urSt meeting today and elected Jules
Cambon Of France, president. On eX-
uminlng the credentials OF the various
delegates. the committee found many to
he inadequate and incomplete. Henry.
White. OF the American delegation
said this apparently had resulted from
failure to understand the require
ments and could be corrected.
Many countries. it developed. failed
TO indicate, which two of their five
representatives, shall sit as actual
delegates. This is necessary. in order
to determine the authorization Of the
delegates to vote in the conference
The conference commission on terri
toriai questions has settled tho prob
lem OF the Banat district south OF
Hungary proper, in which Serbian and
Roumanan claims were involved. ac-
cording to the Petit Parisien. Tho
newspaper does not give the terms OF
the solution reached, but says tina, tho
decision respected the rights OF each
nation.
Council Fails to Meet.
The council OF four did not meet this
morning. Instead President Wilson
had Il long conference with Premier
Orlando and other Italian leaders on
the Adriatic problem, one OF the hast
vital questions remaining to be dis.
cussed bl the council 3sl5E
Premier Orlando recently suggessed
to the President tho acytsabiif,y q IA
'rforanal exchanges over the aoestiei.