Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1921-04-07
j, s. FAVORs NEW
WAR DEBT FARLEY
Tells Germany She Must Pay for
Damage Done.
TO STAND BY THE ALLIES
Memorandum Is Sent in Reply to
Communication From Berlin in
TO STAND BY THE ALLIES
Memorandum Is Sent in Reply to
Communication From Berlin in
Which 1t Was Stated Germany
Was Willing to Settle.

| Washington, April 5.-Formal state
ment of the attitude of the United
| States as to German Preparations is
contained in an exchange of commu-
nications with German government Of
| ficials made public by the State de-
partment. They are in the form of
memoranda transmitted through Lor-
J ing Dresel, American high commits
sioner at Berlin.
| The German communication, dated
March %, was written by Dr.. Walter
| Simons, German foreign minister, and
asserted it was entirely clear both to-
the government and people that Ger
many must make reparations to the
limit of her ability to pay but sought
denomination by unbiased experts to-
determine the extent of her ability.
U. S. Stands With Allies.
In his reply, dated March 20, Secre--
tary Hughes of the State department
expressed pleasure at Germany's: ~un--
euuivOcal expression of it's desire to
pay to the limit of ability and. declared
the United States Stands with the
governments of the allies in holding
Germany responsible for tile war aad
therefore morally bound to- make repat-
ration, so far as may be possible
"TIds government" Secretary Hughes
memorandum continued, "befieveS that
it recognizes in the memorandum Of
Dn0t0s- 81 SinHnrn on thEs
part Of the German, government, to re-
open negotiations with the allies on a.
new basis and hopes that such negotia-
TONS, Once resumed, may Lead to al
proLapt settlement which Will at the
same time satisfy the just claims Of,
the allies and permit Germany hope
fully to- renew it's productive activi--
ties"
Simons far. Loan.
In his memorandum DOctoe. SimOns~
expressed, the EARNEST desire" of Ger
many to- reach accord with tlite govern
ments Of the allies and the sincere
purpose to- meet requirements; as, far
as POSSIBLE.
Germany believea?, the yaGmOran-
Gum said. ''tfaat a policy. of dtress and
coercion Will not bFilng about the re-
construction of international economic d;
LIFE, and only by wssM of peaceful dis
cIssion end Hnders tamding cana such
reconstruction be obtained. The Ger
man government considers If, impOr-
tsnt to @iW@s with solemn emphasis,
the assurance that f0r. it's fEaTt it is :
honestly willing to FOLLOW ther path it !,
has suggestes&T
Doctor Simmons suggested that an in
ternationM loan, in fasEor of which the
allied and associated vefnments
would waiWe4 their general mort cages,
cGgstitutsdi the only, solution of thee'
problem. He decl1neSl that Germany
was prepared to offer the necessary
security FOR. such axa loan, adding that
it had beanE' reiterated that the situa+
ton of Germany was better than thattr
of many of the allied and associated
countries. because she had NO ,fOreies9!
debts.
"Germas Dy- WOulfGlnOt be unwillinga,..''
he said, ITO assume the osaigatiOn of
the interest and amortizs zion of the
foreign debts of tdhe allies, and ASSOC
ciated powers within the limit of l3Rrl
capacitM should this measme be enter
! tanned by the saBiedf ana associated
governments and. their creditors"
Taxi of U. S. Memorandum.
I The American. memorandum sa4iae
/ "Th9 American government is
/ pleased to note LIN the informal I0eano--
randum of Doctor SinG0nS the un-
l equivoeal expression Cn the part Of.
to afford repaEation ap to the limit
| of German abFT5ty to- pay. This gov
| ernTaent StandS with cfIe governments
of the allies i'm holding Germany re-
sponsible for the WAR and therefore
morally bound to make repapation, so
far as may be possible.
'AThe recognition Of this abligatioa,
| implied in the mem srandunaa of Doct0r
StmOnS, seams to esle government of
the Unitedl States the only sound basis
On which can be built a firm and Just
peace under which the various nations
of Europe can achieve once more. eco
nomic independence and stability
I "This. government believes that it
I recognizes in the memorandum of
I Doctor SimOns. a. sincere desire, On the
part Of the German government to re-
open negotiations with the allies on a
new basis, asd' hopes that such nego-
tiat5ons, once resumed, may lead to a
prompt settlement. which will at the
same time, satisfy the just claims Of
the allies and permit Germany hope
fully to renew its productive activi-
Ties"