Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1920-05-20
PLAN TO COLLECT
GERMAN INDEMNITY
Financial Experts of French and
Britain to Recommend Lump
Sum-Debt of u. s. Not EN-
braced in New Plan

Hythe, England. May 16. tBy the As
sociated Press). The Anglo-French COM
bnation which has succeeded the big four
in the management of the allies deal
ings with Germany, determined at Sun
days session in the Sassoon villa here
upon the principles for the settlement of
both the German indemnity and inter-
allied debts.
The principles are that the financial
experts of the two governments shall
recommend lump sum for the indemnity
and that the payments of the inter-allled
debts shall proceed parallel with Ger
manys payments.
This arrangement is substitute lot
Premier Milerand's proposal under which
most stress was laid upon the immediate
payment of large sum to France. But
the French delegation appeared satisheo
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 questions of the amount or Tune
and the method of payment still have to
he considered.
The debt of the United States is not
embraced in the new plan. and the gov
ernment's spokesman intimated that thls
would not be possible without the partici-
nation by the United States in the con-
ferences Recognition of Belgium $
priority claims upon Germany still STANDS
The proportional allotment of the Ger
man indemnity. made eight months ago
by which France gets 81 per cent and
Great Britain % per cent stands, accord
ing to to-day's agreement
An official statement issued at the close
of the conference said:
u ;ct,
recognize on the one hand that it is to
the general interest that reparation for
losses and damages caused by the war
! should be secured as soon as possible,
and with this object in view 1t is neces-
sarv resources should be made effectively
| available without delay, and on the other
| hand that 1t is desirable Germany should
| be put in position to regain her IMAM
| cial autonomy by speedy fulillment OF
| her obligations.
"1he two governments are further OF
! the opinion that in order to provide
! solution for the economic difficulties
| which are gravely weighing upon the gen
erat situation of the world and in order
| to mark a definite beginning of the era
of peace it is important to arrive at G
settlement which shall embrace the whole
| body of the international liabilities which
have been left as a legacy of the war
and which shall at the same time ensure
a parallel liquidation of the inter-aliet
war debt and of reparation of the debt:
Of the Central Empire"
Accordingly, experts from each o
the two countries will be charged tt
prepare Immediately for examination
by their governments proposals for fix
ing the minimum total of the German
debt which shall be capable Of accept
ance by the allies and at the sam
time he compatible with Germany
capacity to pay, to determine tn
method of payment and capitalization
of Gcrmany's debt which will be bes
calculated to assure realization of TIL
general views above expressed. and t.
establish conditions for division be
tween the allies of the payment mad
by Germany in accordance with agree
ments which in the case of certain al
lied countries have already been arriv
ed at and which remain to be definite
ly settled in the case of the other al
lied countries"
Andrew Bonar Law the governmen
leader, arrived at Hythe this morning
and attended the conference.