The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1920-12-22
WILL. EXACT
100 BILLION
COLOMARKS
German War Reparation
Will FAN Below Treaty
Requirements.

Requirements.
Brussels, Dec. 22.-(Associated
Press. THE second financial con-
ference here between the represen-
tatives of the allies and Germany
to discuss German reparations ad-
j0urned at noon today until Jan. 10.
Adjournment was taken to en-
able the Germans to get further in
formation on the questions sub
mitted by the allies and facilitate
an investigation of payment of the
German debt abroad and other mat
ters.
Use Of German sequestered prop
erty in America as a basis of credit
apparently is regarded here as an
excellent possibility. but the dele
gates are hesitant about suggesting
how the United States could man
age its affairs.
American holdings of German
property are estimated at 1900, ,0OO,-
600 gold marks, which is considered
adequate to satisfy Germany's food
demands, estimated by Herr Berg
mann, at 5000. 100000 gold marks
for the coming year, even after
American citizens are compensated
for property seized abroad.
Brussels, Dec. 22.-(Associated
Press)-Payment by Germany OF
100000. 100000 marks in gold re-
mains the basis on which experts
and delegates to the second finan-
cial conference, in session here
are working. This amount, al
though. far below what was auth
orized by the treaty Of Versailles
is considered by them collectabls
only on condition that Germany is
helped along the lines suggested by
the German delegates.
Allied experts, in secret individ.
ual reports, the substance of which
has come to light, recognize Ger
many's real necessities, and dela-
gates generally are impressed by
arguments that Germany is an in
solvent creditor who mutt be
maintained as q going concern. The
extent to which strict fulfillmenl
of the Versailles treaty may be
waived, however, depends on the
allied governments, before which
recommendations have been made
by the various delegations.
! Virtually none of the delegates
believe the treaty can be executed
literally, and allied experts agree
with the Germans that reparations
must be paid chiefly in kind. Some
cash, however, will be demanded af.
ter year or two, if not immediate
ly.
Today's meeting was really in
preparation for the recess which
will be taken until Jan. 10. Allied
delegates planned to meet apart
this afternoon, the purpose of ex.
changing views and reaching q
common accord which will be re.
Elected in reports to the govern.
mentS.
List of Questions.
German delegates are still work
ing on the list of questions sub
, mitted by the allies which covers I
wide range. 1t lis inferred from
some of the questions that the al
lied experts believe direct taxation
in Germany is not high enough, thj
Germans being asked whethel
their taxes on alcohol, beer, tobac
co and sugar are as high as thos'
on the same products in France ant
Great Britain. .,.
! Other questions concern tn
German financial situation relativ,
to taxation Of wealthy citizens AMI
possible tax increases within ,
year or two.
The German representatives hav
been asked to estimate the amour
of German wealth at present il
neutral countries, and to state hov
Germany plans to compensate he
citizens for property seQuestrate.
and iiQnidated abroad. 1t is sug
gested that German wealth in neu
trail countries has been accumulat
ed by the practice of German firm
shipping goods at cost or at an &C
tual loss to associates in neutra
countries.
/ In considering deprecated ex
change allied experts have askc'
the Germans if they do not prof
from the low value of the mari
and are answered that their labor !
not paid proportionately to tn
compensation Of labor in countrie
where exchange val6es are higher
| Pledged to Secrecy.
/ Delegates have been pledged I
secrecy, but there is a general i'm
preston that they will recommen
that their governments permit Ger
many to keep some Of the $4,000
tons Of shipping she was ordere
to surrender under the Versatile
treaty. The United States il stil
regarded as the only banker VII
can furnish Germany with the ne
cessary credit. Germans desir
that property owned by their ma
] tons be returned to its owners
! Some Of the allies. however. are Il
favor Of having it used as . basi
of credit, although the amount Q
German property In America woul
probably be insufficient to mee
J, the needs of Germany 1T the pres
/ ent time.
MOTORCYCLE sCOPNs
Baltimore. Dec. IA forcs q
motorcycle police to patrol th
state roads In an effort to stop ~
fnmohilo hanAitrY Rill hA inamRul