Great Falls tribune., 1921-01-29

s. Ifemlef Brand declared as ne came
/ from the meeting that the conference
on the supreme council would not
break up without having reached a
definite decision.
Payment of Annuities.
| The proposed scheme provides for
the payment of annuities on a sliding
scale of from 2,OOO,oOOOOO to 6.OOO,-
100000 gold marks over period of
probably ~ years and also 1919 per,
cent ad valorem tax on German ex-
ports, so that the creditors will be paid
according to Germany's increasing
prosperity.
The sudden ironing out of difficult
ties afte rtwo days of continually
widening breach that threatened to
break up the conference, it being vr-
tually suspended except for private
conference. Official French circles
gave the Belgian delegation credit for
the success in reconciling the British
and French viewpoints.
Submit Project to Germany.
The project in its final form, when |
approved by the council, will be sub
mitted to Germany for acceptance as
an agreement outside Of Article 233
of the peace treaty which entrusts the |
reparations commission with the task |
Of fixing the amount Of the indemnity. !
Then another conference will be called |
to which the Germans will be invited |
L ehcommittee of experts at mid |
night was considering the question of !
shortening the period of the payments |
to 80 years. for which the treaty of /
Versailles specifically provided. But
it is expected that period of A years |
was finally adopted, as the longer per-
lod of payments will make the task
easier for Germany
Conferences between small groups
of the delegates continued in an eff
fort to clear up the tangle. Nj. BRAND,
the French premier, after leaving the
British premier, Mr.. Lloyd George.
with his colleagues of the
cabinet and later returned for an
other talk with Mr.. Lloyd George.
Receives Preparations Experts.
Meantime. Mr.. Lloyd George had re-
ceived the British and Belgian repre-
sentatives on the special reparations
and after some discussion
these representatives returned to the
session of the committee. After the
with Mr.. Lloyd George.
he members of the committee seemed
more hopeful. Much of the discus
sion bore upon an ad valOrem tax of
rom 10 to 1j per cent that it had
'een proposed Germany should place
IN exports.
Speculation was extant throughout
he day as to what ultimately would
be the result if an agreement were not
cached. The general opinion seemed ,
o be that. should failure result, NJ. ;
ooumer, French minister of finance,
would be held responsible for raising .
Instructions to a settlement of the )
operations question and find it neces-
ary to resign. Later in the after :
oon the alternative proposition was
ubmitted to the French delegates, pro-
iding for fixed annuities for AZ years I
lus varying annuities figured on Ger
aany's foreign trade.
Satisfies French View
This plan was suggested to give sat
sfaction to the French viewpoint
hat, owing to the impossibility of de-
now what Germany's stu
ton will be in the future, no part of
RANGES claim should be abandoned.
Tnder this plan. the French and 9TH =
r creditors Of Germany would be paid
minimum consisting of fixed annu-
les and an additional sum proper
onate to the economic prosperity of
ermany.
It now is considered extremely i'm
ossible that the allied supreme coun-
| will be able to take any effective
,tion regarding Austria at this meet
g, as most of the members appointed
study the question have been busy
4 reparations OF the suggestions I.
ade, the proposal of NJ. Loucheur, ~
rench minister of the liberated re- o
ons, that an effort be made to fin g
ice Austria through bankers is re- -
living the most favor.