Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-04-15
Enemy Must Also Pay Other
Amounts for Damages to Be
Fixed by Commission to In
veStigate Means.
SAAR MINES MAY BE 4
GRANTED TO FRANCE
Sovereignty of Valley to RE-
main in Germany, but France
to Have Mines and the Pro-
duCtion Thereof.
sv MORNING JOURNAL SPECIAL LEASED wrpsi

Paris, April IA, (by the Associated
Press. )-One hundred billion gold
marks is the amount Germany must
pay the allied and associated govern
ments for losses and damage caused
in the war, plus other billions to be
determined by a special commission
on which Germany is to be represent
ed
This is the final and definite con-
clusion which has been reduced 10
writing after weeks of negotiation.
The payment of the 100 billion gold
marks is to be divided into three dis
tinct amounts. as follows: First, TWEEN
ty billions within two years; second,
forty billions during thirty years be-
ginning in 1921 third. forty billions
when a commission shall determine
how II shall be done.
In view of the fluctuations through
which the negotiations have passed
an authoritative statement was OBJ
TONED today concerning the final
farms Of lie settlemee.s I,his Is 4 s.s.uis
up the conditions as follows
Germany is at the outset general
" responsible for losses and damages
in accordance with President Wilson'S
fourteen points and the allied response
at the time the armistice was conclud-
ed. To determine the extent of the
payment under this responsibility
commission is set up to take testi-
mony. assemble data and arrange all
details of the payments from the en-
emy and distribution among the al
lied and associated powers.
while the commission will admin
lister the details of the payments, suf-
ficient is known to permit the de-
termination that an initial payment
will be requested of twenty billion
gold marks, payable in two years
without interest 1t has also been de-
termined that forty billion gold marks
shall be payable in bonds eNtendins
over a period of thirty years. begin
ming 1921 with a sinking fund be-
ginning in 1926"
Paris, April 14.-Germany Under
the peace treaty must pay 5000, 600"
600 in cash or the equivalent in com
modities before May / :. 1921. They
must also issue Immediately to the
alliedt and associated governments
twenty billion dollars of interest bear
ing bonds.
The interest on the bonds until 1926
will be either two or three per cent
and after that date will be five per
cent, according to the present plan.
ne DOIuS Will De pdNdDle IN III !
stallments during a period of fifteen
years. They probably will be kept in |
the control of central commission !
of the allied and associated govern
ments so that they shall not be mar
keted in quantities sufficient to break |
the prices.
The exact amount of the bond IS
sue will be determined later accord
ing to the kind of money in which il !
must be paid. If the money is marks |
the sum will be larger than $40. .000,-
600 900 at the rate of exchange be-
fore the war, but that is the general
nominal sum, These two sums-S5,-
000,000,000 each and $4,000 900, ,00O.-
600 in bonds-are not all that Ger
many will have to pay. They are
the minimum
Germany also must obligate herself |
to pay other amounts for damage
done, appropriate to her means, to be
determined by mixed commission
of representatives of the allied and
associated governments ,and of Ger
many which shall report before May
j. nineteen twenty-one.