Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-05-17

GERMANY T0PAY
FOR PREPARATION
AngIo-French Succeed "Big
Four" to Settle War
Claim.
BY the Associated Press.

/ PARIS, May lit is understood in
official circles here that the Anglo
| French conference at Hythe. which
closed yesterday, decided that the
sum total which Germany should pay
| as reparation would he fixed at 120.-
| OOO, COO. 900 marks gold approximately
| sac. O00. 900. 000).
1t Is also understood that 1t was de-
! cided Germany would be permitted to
| issue bonds covering her indebt edness to
the allies. payable In annual Install
ments
Such action. ii is pointed out. would
enable France to discount a part of her
| claim on Germany and permit her to
settle her debts to the United States
and the allies
These decisions. together with the &C
ton taken postponing the Spa confer
ence with the Germans to June Il. COM
prise the definite conclusions reached
by the French and British premiers and
their advisers, according to the under
standing here. All the other details of
the arrangement remain to be settled
by the financial delegates, who are still
working upon them.
Allies Special Conference.
A specia conference of the allies
will be held at Ostend to consider
financial questions among the allies.
it is stated. This meeting will be in
dependent of the league of nations
conference at Brussels. The dates Of
these conferences remain to be fixed.
The decisions thus reported have
been favorably received in French cir
cles While the total amount to be
paid as reparation is much lower than
the figure France desired. and is still
further short of the actual sum de-
clared to be required to restore the
devastated regions and pay for other
hoH
900 900, 900 marks in gold, which is
figured as Frances share, would be
equivalent at the present rate of eN-
change to nearly 100000, 100000
francs in French paper. This. it is
felt: could hardly fail to satisfy
French public opinion.
big Two Succeeds "BiE Four"
HyTHE. England. May 16 (by the
Associated Press).-The Anglo-French
combination which has succeeded the
hig four in the management Of the
allies dealings with Germany de-
termined at Sundays session in the
Sassoon Villa here upon the principles
for the settlement of both the German
indemnity and interallied debts.
The principles are that the financial
experts of the two governments shall
recommend a lump sum for the in
demnity and that the payments of
the interalied debts shall proceed
parallel with Germany's payments.
This arrangement is substitute
for Premier Millerand's proposal
under which most stress was laid
upon the immediate payment of
large sum to France. The French
delegation, however. appeared salts
fled with the results of it's mission.
The present purpose of the big
to the Germans at Spa. According to
experts here the questions of the
amounts, of time and the method of
payment are yet to be considered.
L. $. Debt Not Embraced.
The debt to the United States is not
embraced in the new plan. and the
governments spokesman intimated
that this would not be possible with
out the participation by the United
States in the conferences. Recogni-
tion Of Belgiums priority claims upon
Germany still stands. The proper
tional allotment of the German in
demnity. made eight months ago, by
which France gets So per cent and
Great Britain 25 per cent stands, ac-
cording to today's agreement.
The creditors Of the allies are dis
tinct gamers by the new plan. because
it virtually makes German payments
toward the indemnity guarantees for
the interallied debts. The French
consider themselves gamers. on the
one hand. because it now becomes
doubly to Great Britain's interest to
press Germany for reparations. while
Great Britain. on the other hand.
secures definite assurances for repay
ment of her loans to France.
Another item of gain for France oh
tanned from the conference is the bar
gain by which Great Britain allots to
France A. per cent Of all coal ex-
ported. Thus the conference brief as
it was and small in the number of
persons participating, has proven one
of the most important chapters in the
after-war dealings. particularly as re-
CARDS France and Great Britain. the
respective newspapers of which re-
Gently have been disposed to accuse
the other country Of trying to over
reach it's ally in the financial settle
ment of the war.
Lloyd George PrOl0nGs Stay.
Premier Lloyd George will prolong
his stay at Lympne, near here. for the
whole of the present week under
medical advice. to make his cure as
complete rs possible.
1t is said that the projected con-
ference between the Belgian premier
and Mr.. Lloyd George has been aban-
doned and that the Belgian mission
will proceed direct to London to con-
fer with Earl Curzon, secretary for
foreign affairs.
The commission experts to settle de-
tails of the German indemnity will
also meet at London soon under the
Craftsmanship of Sir John Bradbury,
who is principal British representa-
tive on the reparations committee.