The Washington times., 1920-09-24
LEAGUE HEARS
GERMAN PLEA
Indemnity Question Before F.
nance Board at Brussels To-
/, day to Settle Payments

BRUSsEI.s, Sept st.--After many
~ourponsmsnte due to the inability Of
ths euprsuns Cpuncti 70 lay down q
proGraa On the question OF the German
hA1nnIu, the International Finance
Confrunpa meets here today.
sfhe CouAeh Of the LsAgos OF Nations
which In organizing mo conference.
worked firut On the theory that once
tho indemnify question was settled the
nations of Europe would get together
and struggle for some approaching eco
nomio stability. Ths indemnity aaes-
tion was repeatedly delayed. and mean
while the exchange rates and interna-
tional trade of Europe continued In a
tangled state
the LAaxus Council nnAIly decided
b hold the Brussels conference and
oeastAsr Qusst4ons which DO not involve
t. question Of ths Indemnify. Ne DIS
ousaon Win be allowed Of questions
which arc yet the subject Of negotiations
between the allies and Germany.
SUBMIT STATEMENTS.
The sgsndA OF the conference. a.
announced By the League council is
as follows:
The financial and economic situa-
ton of each state will DO examined,
and for this purpose the delegates
will be requested to submit written
statements setting out the financial
situation of their respective coun-
tries, especially with reference to
the budget the internal and exter-
nal debt, currency and exchange
These statements will be accom-
panied by a verbal declaration. each
delegate being allowed quarter OF
an hour in which to emphasize the
L. acAnnnic life of
his country.
The conference will subsequently
consider vital problems OF financial
policy and will discuss questions OF
public finance. currency and exchange,
and international trade. 1t will then
instruct the drafting committee TO
embody tho main principles adopted
on these subjects in a series OF reso-
lutions which will be submitted to
the conference. Finally, the confer
ence Will examine the proposals Tor
the re-establishment OF international
credit and will consider temporary
expedients for facilitating interna-
tional commerce and tho practicable
ity Of international loans. Special
committees will be formed to study
questions such rs the unification Of
statistics with q. view to general
pooling of economic information.
The conclusions OF the conference
should bs formulated in time for the
meeting Of tho assembly on Noyem-
Der Is.
A THREE-PART TASK.
In general the task falls into three
parts:
1. To obtain as complete a picture
as possible OF the situation OF the
world and by comparison oil, tho sit
uation In the various countries to
make It possible to form a judgmen.
as to the important and difficulty of
tho problems with which they respec-
lively are faced. 1t Is essential, IL
future action is to be placed upon a
firm basis Of fact, that this survey
should include definite understand
ing Of the external obligations Of all
the late belligerent powers.
g. BY an interchange OF opinion
and experience to assist each country
try to arrive at the soundest possible
policy for dealing with the difficulties
revealed in the survey and to ensure
that such national policies are not an
tagonistic.
3. To discuss and formulate a
scheme or schemes to meet those Diff
ficulties when national action needs
to be supplemented by. international
agreement