The Washington herald., 1919-05-08

consist of one representative each Of
the United States. Great Britain,
France. Italy and Belgium. and In
certain cases OF Japan and Serbia,
with all the other allied powers en-
titled when their claims are under
consideration to the right OF repre-
.sentation without voting power. Its
Headquarters will be in Paris.
1t Is provided that the commission
may require Germany to give from
| time to time issues of bonds or other
obligations to cover claims for repair
alton.
Bond Issues Required.
It Is set down that bond issues for
this purpose are presently to be re-
auired OF Germany in acknowledg-
ment OF It's debt as follows:
5000. 900. gold, payable not later
than May 1. 1921. without interest.
$1,000. 100000. gold. bearing two and
one-half per cent interest, between
1921 and 1926 and thereafter five per
cent, with one per cent sinking
fund payment beginning in 1896: and
an undertaking to deliver 5000. .00o.- :
900. gold bonds. bearing interest at
five per cent under terms to be fixed
by the commission.
| One of the great apprehensions of
| the French was that as German fac
tories were unharmed by the war-in
fact, had been improved and extended
by the addition of machinery and
material looted from Industrial
France--Germany would get a great
/, Industrial start of France in case the
/ allies did not equalize this handicap
by the imposition OF severe economic
restrictions upon Germany.
| II would seem that these apprchen-
sions ought to be allayed by the terms
| of the treaty. Germany shall impose
TO tariff duties higher than the lowest
! enforced in 1914 and must give most
favored-nation treatment to the allied
and associated powers. She shall i'm.
pose no customs or tariff for the pc
riod of five years on goods original
I ing I'm Alsace-Lorraine and for thrcs
years on goods originating In Poland
and Luxembourg.
Advantage for France.
This ought TO give France n Crca'
advantage In trading with Germany
F., 1t will be recalled in this connecti6r
that there have been frequent charge.
In the Paris papers that American
financiers were endeavoring 10 secuft
advantages In trading with Germany
when peace prevailed. But a careful
reading OF the treaty would seem &,
indicate that whatever preference
there is to be in this trade Is to h.
secured by the French.
| Germany must grant freedom ot
transit through her territories by raj
or water to all goods OF the allied
powers. without custom or transit
duties. undue delays or discrimina
tions based upon nationalities. Sh,
may not divert traffic from it's nor
| NAL course in faSor Of her own trans.
fer routes or establish any taxes dis
eliminating against the ports of allie,
! or associated powers.
The Elbe from the junction of th.
Vltava: the Vltava from Prague: tn,
Oder from Oppa: the Nieman from
Grodno. and the Danube from Uln
are declared international. togethel
with their connections
| The Elbe and Oder are to be PLACED
under international commissions. TIL,
Rhine Is placed under the centra
commission to meet Mt Strassbur,
within six months after the peace anc
to be composed OF four representa-
! tives of France. which shall in ad.
dition select the President: four o.
| Germany. and two each of Great Brit
ain. Italy. Belgium, Switzerland anC
the Netherlands
! Among the curious things which tht
allies ask of Germany is the restora