The New York herald. [volume] (New York, N.Y.) 1920-1924, 1921-05-06

ready has called upon it to make at
this date.
Third the trial OF war criminals. as
further provided for by the allied notes
Of February Is and May 7, 1920. and
Fourth. certain other important re-
spects, notably those which arise under
Articles 264 to 267. 28s. 27s. S21, S22
and scr OF the treaty. decide:
"(A) To proceed from to-day with all
necessary preliminary measures for the
occupation OF the Ruhr Valley by allied
troops on the Rhine under the conditions
laid down.
"(B) In accordance with Article 235
OF the Versailles treaty. to invite the
Allied Preparations Commission to notify
Tho German Government without delay
| Il the time and methods for the dis
| charge by Germany OF her debt, and TO
announce its decision on this point to
the German Government by May 6, at
the latest.
"(C) To summon the German Gov
eminent to declare categoricaliy within
six days after receiving the above de-
csion It's determination "a to execute
without reservation or condition its obli-
| cations as defined by the Preparations
Commission; (2) to accept and realize
| without reservation or condition in re-
| gard to its obligations the guarantees
prescribed by the Preparations Comnds-
| son (3) to execute without reservation
or delay measures concerning military,
| naval and aerial disarmament OF which
| Germany was notified by the allied ma
lions in their note of January 20; those
measures in the execution OF which they
have so far failed to comply with are
TO be completed Immediately, snd the re-
mainder on a date still to be fixed (4)
-. NTH tfaN g.F~ la1n
TO the trial of war criminals, and also
with other parts OF the Versailles treaty
which have not as yet been fulfilled.
"(D) To proceed on May ~ with the
occupation of the Ruhr Valley and to
undertake all other military and naval
measures should the German Govern
ment fail to comply with the foregoing
conditions. This occupation viii last as
long as Germany continues her failure
to fulfil the conditions laid down.
The protocol to be handed the Ger
man War Burdens Commission in Paris
tonight by the Preparations Commission
says:
Germany will perform In the manner
laid down in this schedule her obliga-
tons TO pay the total fixed IN accordance
with Articles 231, 232 and 233 of the
Treaty OF Versailles, 132. 900, 000,0 900 gold
marks. less (a) the amount already
paid on account of reparations; OBJ
sums which may. from time to time, be
credited to Germany In respect or state
properties I'm ceded territory, &C.: (c)
any sums received from other enemy or
former enemy Powers. in respect to
which the commission may decide cred
It's should be given to Germany, plus the
amount of the Belgian debt to the Allies,
the amounts of these reductions to be
determined later by the commission"
The protocol then provides for the
issue of bonds, as has previously been
outlined. and which shall be secured on
the whole assets of the German Empire
and the German States
The first series of bonds, for the
amount of 1900. 100000 gold marks,
the protocol says. shall be created and
delivered by July /. 1921. but the in
terest OF 8 per cent. plus per cent. for
a sinking fund. shall be payable half
yearly from May /.
The second series. for $4,000. 000, 900
gold marks shall be issued on November
/. The third series. for $4,000. 100000
gold marks. shall, not later than Mo-
venber l, be delivered to the Repara-
tions Commission without coupons at
tached and will be issued by the COM
mission as, and when. II is satisfied the
payments which Germany undertakes to
make in pursuance OF thie agreement
are sufficient to provide for the pay
ment OF interest and the sinking fund
on such bonds. The sinking fund shall
be used for redemption of the bonds by
annual drawings at par
The bonds will be German Govern
ment bearer bonds, In such form and
such denomination as the Preparations
Commission shall prescribe for the pur-
pose of making them marketable, and
shall be free from German taxes and
charges of every description, present
and future.
Until redemption OF the bonds. Ger
many will DO required to pay yearly
1000. 100000 gold marks and 26 per
cent. OF the value of her exports as
from May /. or. alternatively. an equiva-
lent amount as flxed in accordance with
any other index proposed by Germany
and accepted by the Preparations Com
mission.
1T is provided" the protocol con-