Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1920-05-18
LUMP SUM AGREED
ON BY ANGLO-FRENCH
HYTHE CONFERENCE
French .Evacuate Territory
East of Rhine - Other
Agreements Are Reached
by Session of Allies

PARIS, May lit is understood
in official circles here that the An
glo-French conference at Hythe,
which closed yesterday, decided that
the sum total which Germany should
pay as reparation would be fixed at
100, 900, 100000 marks gold (approxi-
mately $3O,OOO,oOO,OOOJ.
1t is also understood that 1t was
decided Germany would be permitted
to issue bonds covering her indebt'
edness to the allies, payable in am
nual installments.
Such action, it is pointed out,
would enable France to discount
part of her claim on Germany and
permit her to settle her debts to the
United States and the allies.
These decisions, together with tho
action taken postponing the Spa DON.
ference with the Germans on June
81, comprise the definite conclusions
reached by the French and British
premiers and their advisers. accord
ing to the understanding here. All
the other details of the arrange
ments remain to be settled by the
financial delegates, who are still
working upon them.
A special conference of the allies
will be held at Ostend to- consider
financial questions among the allies,
it is. stated. This meeting will be
independent of the League of Ma
tions conference at Brussels. The
dates of these conferences remain to
be fixed.
U. s. DEBT is NOT
.- INCLUDED In PLAN
HYTHE, England, May 17.-(By
the Associated Press. 1.-THE Anglo
French combination which has sue
oeeded the big four in the manage
ment of the allies dealings with
Germany determined at Sundays
session here upon the principles for
the settlement of both the German
indemnity and inter-allied debts.
The principles are that the finan-
cial experts of the two governments
shall recommend q lump sum for
the indemnity and that the pay
ments Of the inter-allied debts shall
proceed parallel with Germany's
payments.
This arrangement is a substitute
for Premier Millerand's proposal I'M
der which most stress was laid upon
the immediate payment of a large
sum to France. The French delega-
ton, however, appeared satisfied with
the results of their mission.
The present. purpose of the "big
two" is to present the experts plan
to the Germans at Spa. According
to experts here, the question OF the
amount of time and the method Of
payment are yet to be considered.
The debt to the United States is
not embodied in the new play and
the governments spokesman inti-
mated that this would not be posi-
BILE without the participation by the
United States in the conferences.
Recognition of Belgium's priority
claims upon Germany still stands
| The proportional allotment of the
German indemnity, made eight
months ago, by which France gets So
per cent and Great Britain 25 per
cent, stands, according to yesterdays
agreement
The creditors of the allies are
distinct gamers by the new plan, be-
cause it virtually makes German
payments toward the indemnity guar
antees for the inter-allied debts. The
French consider themselves gamers,
on the one hand, because it now be-
comes doubly to Great Britain's In
terest to press Germany for repara-
tions, while Great Britain, on the
other hand, secures definite assur-
ances for repayment of her loans to
France.
Another item Of gain for France
obtained from the conference is the
bargain by which Great Britain al
lots to France As per cent of all coal
exported.
After the conference Premier Mil.
lerand and his suite left for home.
An official statement issued at the
close of the conference said:
"The British and French govern
ments recognize on the one hand
that it is to the general interest
that reparation for losses and dam
ages caused by the war should be
secured as soon as possible, and
with this object in view it is neces-
sary resources should be made eff
fectively available without delay.
and on the other hand that it IS
desira BILE Germany should be put in
{. position 10 regain her financial
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