The New York herald., 1921-04-29

spsctdt LdUtS 70 LIE NEW lnRk llLbAD.
Copyright 1891. ov THE NEw YoRK HERALD.
New York Herald Bureau.
Berlin, April 2S.
II Germanys reparation terms prove
unsatisfactory to the Allies, It is hoped
in official circles here that President
Harding. instead Of notifying Berlin to
this effect, will propose chaages in the
German offer. which he believes might
make possible resumption Of the
reparation negotiations.
With the authority OF the President
or the United States behind 1t. the
Berlin Government believes il could
rally its supporters 10 authorize con-
cessions, whereas failure OF the Ger
man offer. without a possibility OF
amending it under President Har-
ding's auspices. would leave the kon-
stantin- -Fehrenbach Cabinet in 4 stiil
weaker position than II finds itself in
now.
II i charged here frequently that
the allied diplomatists are covertlv
man9uvring to oust the present Ger
man coalition Government and to put
the Majority Socialists in power. be-
cause the latter are ready TO sign the
Paris reparation figure of 226 900 .000.-
900 marks gold. While the Industrial
party remains in the Government. as
in the present coalition, and subscribes
to Germany's offer. any reparation
offer is sure 10 carry more authority
abroad and. especially. make the
eventual international financial opera
lions under II easier. The Majority
Socialists, while on the whole in favor
OF accepting the Paris terms. would
not have the backing OF leading Ger
man business interests, on which the
present Berlin Government counts.
The Importance or having the indus
trial party in office at the present time
Is indicated BY the general anauiescenca
or leading business men here TO tn.
German proposals Tho open criticism
Of Or. Walter Simons In financial and
Industrial circles In Germany is hostile
and un-emitting. but these public express
sions do not bcspcak the views OF tho
most responsible German business men.
who believe Germany can fulfil her
promises made 10 President Harding.
Even Hugo Stinnos. while opposed 10
Or. simons's whole policy. favorS the
German offer and believes II can be
hurried through.
Several conservative comments on the
offer. while attacking Dr. Simons. are
careful TO state the opinion that the
German note 70 President Harding is
the best through and through and the
most practicable offer yet formulated
But II is generally agreed IN German
business circles that tho situation ls
sufficiently critical to demand the
maximum OF economic concessions by
Germany In this connection a proml-
nent financier seid to-day;
we can baik and submit 10 the new
allied sanctions, but what then? The
Allies new demands viii be even more
severe and our recuperatlve powers will
be more seriously crippled
One nationalist newspapers here sug-
gests that Dr. Simons could no, have
consulted financial experts in formu-
lating tho new reparation total. but
other nationalist groups avoid attack
ing hls combined rcparation proposals.
confining themselves 10 the expression
OF tho hope that the proposals will
serve as q means for a resumption or
the negotiations with the Entente
Powers rather than as literal text
oblgating Germany. Also they mourn
the fast that Dr. Simons resrained az
he did il the London conference, from