Bisbee daily review., 1919-04-05
GERMAN INDEMNITY FIXED AT 50 BILLION
 BY PEACE DELEGATES
King Albert Tells Conference Treaty Must Be Con
 eluded at Once
cc0utInued fr0m Pase one,

fl 6Coutinued from Page One)
 l The first item represents the value of German marks left in circulation in Belgium. After the departure of the Germans the ministry of finance sent out an urgent call to holders of the marks to deposit them in the banks The amount was estimated to be about two billion, and 1t had been the gov efnment's Intention to redeem them at ! the par value of one franc, 25 cent. ines. Belgium was not prepared foS 1 the avalanche of marks that resulted Eight billion marks pasBed through l the banks windows into the vaults. The banks were unable to redeem this amount of paper, and depositors were merely given receipts, stating that a certain amount of marks were held to their credit
 IFsmedlate Indemnity
 The payment of an immediate in- demnity by Germany was relied upon to enable repayment of these deposits. The indemnity thus far has failed to materialize. Depositors cannot draw against these credits, with the result that some ten billions of francs are idle, as the banks are paying no inter est on such deposits.
 The importation Of raw materials is said to be indispensable to the retriev- ing of Belgium from the economic standpoint. s The correspondent has just returned from an extended trip in Belgium. Ev- .erywhere he found manufacturers complaining of the situation arising from the fact that while the Amer jeans and British permit exportation into Belgium of manufactured articles they thus far have failed to export into Belgium raw materials which would permit of industries resumins work s
 PARIS, April 4.-( (By.the Associated Press.O-The proposed limitatioi not German armaments has at present for the Germans an academic interest as the dependable. forces which the state and private. enterprises have been able to raise by an incessant adyer- tising campaign and offers of good pay and bonuses to volunteers to not reach the lowest figure mentioned in reports as to the size of the army to be al lowed Germany by the peace confer, enee, according to the latest adyices from German sources. The socialists in addition, retain their old objections to militarism and are not enthusiastic about even the proposeo popular mil itia on the Swiss model.
 An exception to the general social ist attitude, however, is furnished by the socialist war minister. Gustav Noske, who has expressed the opinion that in case of an ,unfayorable peace which he anticipates, the army must as quickl yas possible be brought to a state fthe highest efficiency for new war. A beginning should be made, in the belief of Herr Noskei with the development of the militis and army side by side. with which should go a campaign for the harden | in gand strengthening of the people by altering the school courses so as to give the coming generation more time out of doors and the encourage 1 nent of open air exercises and sports
 PARIS. April 4.-4(By the Associated Press. IA delegation of Danes from the region south of the contemplated schIeswig- -Holstein tentative bound ary line hes arrived in Paris and ha' requested that a plebiscite be held 'tt determine tn estatus of the Danes 1T the district in question The delega ton claims their arguments were no heard when the boundary, commission considered the matter.
 LONDON April l.. CBritish wire less service.l Sir Robert Stevenson Horne, minister of labor, presiding to day at the reassemblink of the indus trial council, read . letter from Pre- mier Lloyd George upon the report O the committee of the joint industria conference. The premier in his let ter said that he welcomed the repor because 1t showed what could be done when the workmen and employers dis | - -aIi1uuua1..u.uu.,i;a r1