Omaha daily bee., 1919-02-04
HUN MUST PAY
IN FULL FOR WAR,
SAY ITALIANS
This is Plan Of Italian Delegate
to the Peace Conference;
Suggests Common Pool
for Fund.

Paris, Sunday, Feb. 2.--(By AS
;ociated Press. Proposals for the
establishment of a single financial
front for the allies have been sub
mitted to the entente ministers here
5y Signor Crespi, member of the
Italian delegation, according to a
statement made by him today. After
saying that the central powers must
compensate the allies for the dam
age suffered during the war, Signor
Crespi said:
ION the other hand. all the allies
have suffered immense losses and
they must all benefit from the in
IDENTITIES which the enemy is to
pay. Each one should receive in
proportion to the effort it has made.
Thus smaller states that have spent
more than large ones in comparison
to their wealth ought to receive
larger indemnities in proportion.
Apportioned Among Nations.
"The simplest way to carry out
the actual distribution would be to
rut the entire fund into a common
pool, which could be periodically APP
portioned among the different ma
tons. The fund should be augment
ed by taxes of universal character
levied on all States, enemy, allied
or neutral, the last named having
benefited from the sacrifices made
by the allies, Such a tax would not
weigh more heavily on one state
than on another, since it would be
universal. Ii would merely have the
effect of raising prices on some GER
tain particular products in all coun-
tries alike. r.
"The enemy should be forced TO
pay off as soon as possible the al
lies debts. The international tax
would furnish interest on the rest
and sinking fund for paying it off
eventually. In my opinion the enc
my ought to be allowed to pay, not
only in gold, but in raw materials
and finished products. Part of their
debt might be covered by bonds
which they would take up gradually
in exchange for goods.
Big Industrial Question.
"The supply of raw materials is
another important question to be
considered. If they are furnished to
enemy countries at the same time
and at the same prices as to the al
lies, the Austrians and Germans,
whose industrial plants have not
been destroyed and who are ready
TO return to a peace basis in their
production more rapidly than the al
lies, would reach foreign markets
quicker and under better conditions
than would be possible for the allies.
This we must avoid at all costs.
"Another important question in
VOWED is that of the length of the
working day A days labor in Ger
many before the war was very long.
If itrontinues so now, they will be
able to produce more cheaply than
we cam Therefore, international
laws on this question have become
essential. -
Another problem is that of ex-
change between different nations.
To cite an example, my own coun-
try, when peace is re- established,
will have to import very largely to
replenish depleted stocks. This will
have a disastrous effect on our
money, unless the states control ex-
change. /, therefore, consider that
the present state control of import
and export trade must continue for
some time"
States Greece's Claims.
Premier Venizelos of Greece was
before the supreme council of the
peace conference at its session this
morning and made statement on
the claims of Greece.
Premier Venizelos will continue
his presentation of the case of
Greece at tomorrow morning s ses-
Nsion of the council. The Czecho-
Slovak delegates will again be heard
at tomorrow's session. it was an-
nouneed.