New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-04-30
SHINES Group Said To
Be Behind Move for
Final Effort to Pre-.
vent Advance by French
for arley
Made to Reichstag
Stresemann Urges That
Indemnity Be Taken Out
of Hands of Politicians
By Joseph shaplen
D.. ~, :,
BIZ Wireless TO The Tribune

BERLIN, April 29.-There are indi-
cations to-day that Germany has pre-
pared new offer, which will be made
either to America or directly to the
Reparations Commission, in an effort
to meet the Allied demand drawn up
at the Paris 900 900 900
gold marks, payable in annuities. At
the same time Germany will seek an
economic arrangement with France in
an attempt to harmonic the economic
interests Of both countries.
Hugo SHINES, the coal magnate. is
the greatest factor behind the newly
contemplated move on the part of Ger
many. This was indicated by Dr.. Gustav
stresemann, leader of the German Peo-
ple's party, in his declarations TO-DAY
to the Reichstag on behalf of his group.
SHINES is the political and financial
angel of the Peoples party.
In official quarters it is believed to-
night that the Allied Supreme Council
IN London will hand Germany an ulti-
matum to accede Immediately to the
Paris demands or submit to new penal
ties This opinion prevails strongest
among the Social Democrats, whose
hostility toward the government has
been growing steadily.
Der Tag says it has learned that
Czecho Slovak troops are being con-
centrated on the German frontier in
preparation for move to assist France
in the application of the penalties.
Pessimism Prevalent Everywhere
Pessimism has displaced the op-
timism so prevalent here yesterday.
In twenty-four hours the whole city.
the officials and the press have become
suddenly depressed. Most of the news
papers characterize the situation as
hopeless unless Germany yields unre-
servcdly to the Allied demands. Ac
cording to Vorwaerts, the Fehrenbach h
government would not permit such
yielding, even if Parliament would sup
port it. This newspaper says that the
Chancellor and DR.. Walter Simons,
Foreign Minister, are tempted to re-
sign and leave Germany in the lurch,
to get out of the mess as best she can.
The moderation of Stresemann's
speeches in regard both to approval of
the governments course and it's atti-
tude toward France surprised every
speech, however, was that it consti-
tuted direct offer on behalf of Ger
many's greatest industrialists to those
of France to get together in an effort
to Facilitate a settlement This merely
emphasized the statement given out by
Stlnnes few days ago in Paris, when
he said that the whole reparations
problem should be taken out of the
hands of the politicians and placed in
control of business men.
After outlining the desperate eco
nomlc situation of nearly all the for
mer belllgerents and especially France
and Germany, and after pointing out
the grave dangers to the economic stu
alton which are involved therein.
Stresemann said:
Change in Front Seen
"Please do not smile at the thoucht
that perhaps 1T is not impossible for
the Messrs. Loucheur, Schneider, Creu-
sot, SHINES and others to get together
to settle the reparations problem. Per-
haps thus We shall reach an under
standing of the kind which President
Harding spoke of during his campaign.
namely-the creation of world clear,
ing mouse tor the restoration of world
economic life"
Stresemann also urged that there
should be a conference of statesmen.
lndustrialists and trade union leaders
Of the countries concerned at which an
effort would be made to reach the
agreement which he now considered i'm
possible in view of the threats of one
side and the inadequate offers of the
other. '''
Stresemann's speech indicates. ac-
cording to we'll informed observers
that the. SHINES group, composed Of
Germany's most powerful indus
trlallsts, who are regarded in Allied
circles as responsible for Germany's
sidestepping in the reparations discus
SION, has decided on a change of front.
According to some. this policy of
passive, resistance was adopted after
the failure of the French and German
nnanclers' headed by Loucher, on one
Continued on naxt nanaA