The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1920-07-12

- fsleit future ensa&snnents only |
\ - ars based on ~ financial |
/ s3snlcisy, said ! stsiemsat outlining |
~ Derlin govsfnment's plan for !
SsGfrtjons submitted to the allied
aSnjsrs here last night The Ger
San budget must balance. the state
112nt insisted, Tor there would BE-
I : rcd Increase In the floating debt
~ CONSEQUENT imitation that would
Sefyalixe her capacity to pay. |
FSwe must also. It was asserted.
e q further diminution In the
frn61mental bases Of German po-
ilIc1f economy. which ara already
nuek weakened, M
Assuming that Germany's ability
tepsy u used as . basis, the state
80 asked reparatiop obligations
~ Spssssed in annuities. the min
-, 81 which would b Axed, and
/ y sbligation to pay such annui-
limited to 80 years.
n m Pat On Ability to Pay.
Il ,odpaiation was made that the
11vtnum Of the annuities be fixed
S1oosding to Germany's financial
Snpacities, and, therefore, comprise
N obligations in money and kind
soecosding to the treaty Of Yer
0ilIes. This would relate especi-
nv to the undertaking to pay the
eSDensss Of the armies of occupa-
don which are to be covered part
y b money and partly in kind,
wAjch must, In principle, be cred
tted according to universal market
prices. "
REQUEST also was made that the
allies Ak the maximum sum due
for reparation, after payment OF
which Germany would be free from
any obligations.
Experts from allied nations and
Germany should meet as soon as
possible, the statement said, to fix
the amounts Of the annuities to be
paid and to pass on the securities
70 be demanded.
wants Material Spec1tied.
Material which Germany is to de-
Aliver to the allies under the peace
\ treaty for reconstruction Of devas-
tsted regions should be specified
By the reparations commission. the
statement declared. and its value
should be credited to Germany.
II was said the Berlin govern
ment had thus fer received only
lists Of claims from the allies for
purposes Of observation. These
lists had been closely examined,
and suggestion was made that ne
gotiations between Germany and
the reparations commission should
begin in the near future to decide
which deliveries can definitely be
demanded, and which, in view of
Germany's economic position, can
not b executed.
Ready 70 Assist.
After declaring Germany was
ready, because of her concern as
to future peace, to undertake to as
sist In the reconstruction of devas-
hted regions, the statement made
k1uggestions for the organization Of
q colonization scheme by which
4 those who suffered from the war
could start life anew. When the
work OF reconstructing homes, re-
building roads and restoring farms
q completed. the plan would per-
NIT people formerly resident in the
affected regions to return to their
homes. or people from other parts
OF the war zone could move to new
regions.
Should Have Conference.
II this plan should be accepted
II principle, the statement said. :
conference should be held to con-
slider it, practical execution. Such
conference would be attended by
representatives OF those countries
Wishing to participate in the work,
delegates accredited to the popula-
IONS Of devastated areas and men
Who would represent employers
and employees engaged in the work.