Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1921-04-28
GERMANY OFFERS
ZOO BILLION MARKS,I
AS WAS FORECAST.

ClaLeQ HreSS. )-GeTnany, III LnW
event the United States and the ale
lies so desire, is willing, according
to the extent of her ability and ca-
pacity, to assume allied obligations
to the United States" says a clause
in her contemporaries, it was defi-
lnltely learned here today.
With this exception the counter.
proposals forwarded to Washington
including the offer of 100000, 0OO, 900
gold marks, are virtually as forecast
in yesterdays Associated Press dis.
patches from this city.
Germany offers to pay 100000.
100000 gold marks, the present value
| OF which, converted into annuities,
totals 000,0Oo.O00 gold marks. The
payments, under this proposal, would
De made according to her ability.
Germany proposes in the note the
issue of an International loan, the
proceeds to be placed at the disposi-
ton of the allies. On this loan Ger.
many would pay the interest at 4 per
cent and provide for amortization.
The sum of the reparations total NOT
csovered by this international loan
would be provided, to the limit Of
Germany's capacity, by payments in
goods, materials. etc.
TO Restore Devastation E
Germany is disposed" says tina
note, ito allow the allied powers to
participate in Germany's economic
and financial amelioration. Germany
will cooperate with all her efforts In
the reconstruction of the devastated
regions so that she may acquit her.
self as quickly as possible of the
sums remaining unpaid.
with the acceptance of these pro-
posals," says the German note, Ger.
many's other reparations and obi.
| cations will be annulled, and all
German private property in foreign
countries be released"
| An arbitration proposal by Ger
many for determining the total
amount due from her on Preparations
is contained in the note. A clause
in this note says: 1r
| Germany suggests the appoint.
ment of an unbiased commission to
fix the total sum of her war repara.
tions, which she pledges to accent, as
| binding and to carry out in good
| faith"
Welcomes United States Ala
Germany, adds the note, would wei.
| come any suggestions from the
American government for further me-
gotiations or for changes in the pres
ent proposals.
AS evidence Of her good faith,
says the note, Germany is prepared
Immediately to place at the disposal
of the reparations commission 1900
| 100000 marks in gold, silver and for
eign exchange, and 850,OO0,OO0 gold
marks in treasury notes, redeemable
within three months in foreign ex-
change for foreign securities.
The note to the Washington gov.
eminent embodying the German pro-
posals, was made public here this
afternoon.
The text of the clause in the note
stating the amount Germany is ready,
to pay is as follows:
| Germany declares herself ready
to engage to pay for PREPARATIONS a
total of $4,000, 100000 marks gold at
their present value. Germany is
equally ready to pay this amount in
annuitles adapted to her productive
lcapacity up to a total of 200,O0O,0OO,-
| 900 marks gold" 49,.
| ment represents 1,00O,000,000 marks
| gold, the note says, made up as fol-
| lows:
"First-One hundred and fifty mil
| lion marks in gold, silver and Nlls
| receivable;
"Second-Eight hundred and fifty
| million marks in bills Of exchange
upon the treasury, which would be
| paid at the latest in three months In
| bills receivable in foreign secufi-
| ties"
AS security for the credits accorde
| ed her, the proposals state, Germany
is willing to pledge public revenues
| and properties, in manner to be
determined between the contracting
| parties.
Germany" continues the note,
takes upon herself the obligation to
recognize as binding the decisions OK
an international commission Of ex-
perts upon her capacities.
eff it is believed by the American
| government that another form or
| proposals would make the matter
| easier to handle, the German govern.
ment asks that it be notified Of the
| points on which modification appears
| desirable to the American govern
"The German government also
| would welcome any suggestion from
| the American government. The Ger
| man government is too deeply con-
| WINGED that the peace and well-be1ng
| of the world are dependent upon a
| speedy, moderate and just solution
| of the reparations problem not to
do everything possible SO that the
| to present the matter to the allied
| governments"
Germany, in her nsw reparations
proposals, declares that the present
| proposals are only capable of being
| carried out if the system of penalties
| now in force is discontinued forth
with; that she is freed of all unpro-
ductive OUTLAWS now imposed on her.
and that she be given freedom OF
trade
DR.. Walter simons was pre-
tag and read the text of Germany's
reparations proposals today. He was
to have disclosed Germany's terms
yesterday, but declared they could
not be discussed until the receipt 6f
the German note to the allies Ind
been acknowledged by the Unfred
States government, through which
they are being forwarded to the en-.
tente In addition to the details of
the German proposals, the foreign
minister was expected to make
statement covering the genesis of the
governments action in invoking the
aid of Washington.
Communists and Nationalists at
tempted to interpellate members OF
the ministry in the reichstag yester-
day respecting the governments for
eign policies, but failed to provoke
reply from DIR. Simons. The Ger
man press is not Informed as to the
German terms, publishing only con-
jectura1 news. and Withholding COM
ment. Prof. Otto Hoetzsch. speaking
for the National Peoples party
Yesterday. charged the cabinet WITH