The daily banner. (Cambridge, Md.) 1897-2008, 1919-03-22
LLOYD GEORGE
FOR QUICK PEACE
VIII Stay on Job Until Treaty
is Drafted.
DISPUTE OVER PREPARATION
Allies Ask Forty Billions, While
Americans Figure Twelve Billions
is All Germany Can Pay.

Paris, March 22.-"The first result
to be obtained is peace, and the quick
est peace possible" said David Lloyd
George, the British premier, in il state
ment printed in the Excelsior.
"All internal events in every coun-
try, allied or enemy" continued the
premier, ARE dependent upon that
peace, which we expect and desire to
come at the earliest possible moment.
Pending this, every one is living in d
state Of expectation and uncertainty
Commerce and industry are kept in a
kind of stagnation, which can only
engender disorders
Il shall, then, remain in Paris, I'M
less something unexpected arises, I'M
til the text of the peace preliminarieS
is definitely drafted and ready for sub
mission to the German delegation. not,
let me say, for discussion, but simply
for signature"
Colonel +. NJ House, of the United
States delegation to the peace confer
ence, told the British journalists he is
convinced that the peace treaty, in
Guiding the leag of nations covenant
will be ready for signature on March
20 and added that he will be "diSap-
pointed if the Germans are not at
Versailles three weeks hence"
Premier Lloyd George expressed the
opinion that one of the reasons for
the present labor troubles in England
is the fact that the treaty has not been
completed. which led to a feeling Of
disquiet in that country. He said
he is unable to imagine that labor
present moment"
Differences among President Wilson.
Premier Lloyd George and Premiel.
Clemenceau constitute some of the
larger questions pending nOw-repar-
atiOnS for war losses and the Franco
German frontier These questions for
the moment have assumed paramount
Importance. taking place even ahead
Of the league cf nations, for while the
work of the commission revising the
covenant is proceeding rapidly much
difficulty is being met in reaching an
accord on PREPARATIONS and frontiers
The chief cause of the question of
Preparations is not what Germany
should pay. but what she can pay. The
commissions which have studied the
subject have gradually reduced the
claims to total of about S4O.OOO.OOO,.
GOO
One proposal was to spread the pay.
fnrtv On
the principal. with interest, would
amount to $S0,0OO0OO.O0O at the end
of the periood. Against this proposal
the commission has estimated all the
available wealth and resources of
Germany at home and abroad. The
American view of these estimates is
that So 100000 is the utmost that
can he expected This $12,O0O,OOOO 900
Is made up roughly as follows:
German resources outside of that
country, $SO00,000,OO0, represented in
merchant ships railways and mines
In Alsace- Lorraine, coal and iron de-
nosits in the Sarre valley, foreign Sc
,urities and government property in
former German colonies Seven bill
lions Of this property, the commission
estimates. belongs to private German
citizens and the remainder is owned
by the government. OF private re-
sources Germany has property valued
at $1,00O,0O0.000 in South America,
$75OOO0.OOOO in the United States
and s3.O0O0oo.OOO in other countries.
The United States has put in a max
lmum lain for loss of life and prop
erty ',iring the war aggregating a
little less than $1,0O0,000,OOO. The
amount for individual loss Of life be-
ring $4,000 in each case.