The Barre daily times. (Barre, Vt.) 1897-1959, 1920-07-12
GERMANY ASKS
30 YEARS TO PAY
UP INDEMNITY
Warns Allies That Ger
many's Ability to Pay
Might Be Reduced by an
Unfavorable Treatment
as to Matters Related to
Industry.

Spa. Belgium, July II by the Asso-
ciated Press) Prolongation of the al
lied German conference here for anoth-
er day or two, and possibly longer
seemed probable to-day because OF the
inability of the conferees so far to
reach an agreement over the question
OF coal deliveries by the Germans and
the reparation plan in general.
81 am not returning to Paris for the
na tional fete of July Ia" said Premier
Alillerand after this mornings meeting
held by the premers without the pres
ence of the German delegates. Il am
going to stay and fight this thing out.
The allied premiers, following this
meeting, countermanded the special
trains they had ordered for this eve
Il ming and morrow, and it appeared
that the conference would likely con
t.nue until Thursday at least.
The morning meeting of the premiers
took the place of what had been expect
ed to be a full session of the conference.
The Germans were at first informed
that the full meeting had been post
poned until afternoon, but later the al
lied ministers decided to invite Chan
cellor Fehrenback and Foreign Minis
ter Simons to meet them this afternoon
in a restricted conference, without the
presence of the other delegates.
Spa. Belgium. July ll.-Germany can
fulfill future engagements only if they
are based on her financial capacity,
eaid a statement outlining the Berlin
governments plan for reparations sub
mitted to the allied premiers here to-
night The German budget must bal
ance the statement insisted, or there
would be rapid increase in the float
ing debt and consequent initiation that
would neutralize her capacity to pay.
There must also, il was asserted, be no
further diminution in the fundament-
al bases of German political economy
which are already much weakened.
S, Assuming that Germany's ability Ia
pay is used as a basis. the statement
asked that the reparation obligations
be expressed in annuities, the minimum
OF which would be fixed, and the obli
cation to pay such annuities limited tC
so years. Stipulation was made that
the minimum of the annuities be fixed
according to Germany's financial ca
pacity, and therefore, compromise al
obligations in money any kind, accord
ing to the treaty of Versailles. Thi'
would relate especially to the under
taking to pay the expenses of thu
armies of occupation, which are to b'
covered partly by money and partly il
kind, which must, in principle, be cred
tied according to universal marke
prices Request was also made that tn
allies fx the maximum sumo due 70
reparations, after payment of whicl
Germany would be free from any obi
cations.
As the economic development of tn
next 80 years cannot be foretold. tn
statement asserted, a plan must b
worked out by which the allied govern
ments would participate in the i'm
proyement of financial and economi
conditions in Germany.
Experts from the allied nations an
Germany should meet as soon as posi-
BILE. the statement said, TO fix tn
!. amounts of the annuities to be paid an
tn pass on the securities to be demand
ed. Germany's sovereignty in fnancia
matters must not he infringed upo
IN decisions regarding this feature q
adjusting reparation payments. Thes
experts should also fix the maXimui
sum to be paid to the allies by Gel
many,
Material which Germany i to deii'
~ TO the allies under the peace treat
for reconstruction Of devastated n
gions should he specified by the repair
lions commission. the state declare
and it, value should be- credited 70 &c
many.
Proposals were made that German
create = dysl organization of her 81
tire industr, and lahor FOR the purpo'
~ effectinr these deliveries aud th'
each allied and associated power cresi
two-fold organizer ION for tho exam
nssion and reception 81 deliveries. .
spectively-
Al organizati"ns concerned must
scveloped an 4 basis ~ absolute parIi
between employer aud employed. ~
speeiai measures must ~ taken - -
cent abuse. Examination I'd this pla
he statement ~aid, should II en'ru~t'
fha commission II cxpert- who wou
- ready o. present immcsi atrly
Est ~ mewbrfs ~ such ha3y
afis- declaring that Germany y.
.aadv hrl41se ~ bcF concern ~ 90 z
rrs peaue. to undertake to as-i-i
he raern ircttior q devastated
tisrs. the statement made -fl--e-fi's
~ fhr e-zsn nizatian - q cn-a1'zi