The Hartford republican. (Hartford, Ky.) 18??-1926, 1921-04-29
GERMANY'S OFFER IS
200 BILLION MARKS
Futher Concessions May Be
Made If u. S. Deems
1t Necessary.

people now know the new proposals
which the German government sub
mits to the allied powers thru the me-
dium of the United States. The terms
of the proposals were made public to-
day, as we'll as the accompanying as
surances forwarded to President
Harding
Germany, declaring that the peace
and welfare of the world are depend
ent upon speedy and just solution
of the reparations question, assures
the President that 1t will do every
thing in its power to enable the Am
erican government to direct the at
tention of the allied governments to
the matter
AS previously outlined, Germany
proposes to pay the allies an indemni-
ty extending over a number of years
which viii amount to two hundred
billion gold marks, equivalent to
about $50, 200, 900, 900; sire will CO.
operate to her utmost in the recon-
struction OF devasted regions; she
will place Immediately at the dispos-
al OF the PREPARATIONS commission one
billion gold marks; she Is willing to
assume the allied obligations to the
United States, and she will issue an
international loan, the proceeds Of
which will go to the allies.
Conditions of Offer.
But in return, she makes the con-
,dition that the present system of pen
altles shall be discontinued immedia-
ately, that she be given freedom of
trade an dthat she be freed from "all
unproductive OUTLAWS" now Imposed
on her.
The German foreign minister, DR..
Simons, explaining the counter-pro-
posals in the Reichstag, declared that
the new offer sent thru the United
States must. not be taken ION the ba-
sis of an increase over the previous
German offer, but only on a differ
ent basis"
The new step had been taken by
Germany, the minister explained, not
from fear of new penalties, but owing
entirely to the false views entertained
abroad regarding the reparations
question. President Harding was
appealed to on the principle of JUS
tice. and the American answer was
awaited at any moment.
The text of the note forwarded by
Germany to the United States for
transmission to the allies concludes
with the following points:
First-Germany fixes her total liza
bilities at 100000 gold marks pay
able in suitable annuities, to total
200, 600, 100000 gold marks.
Would Issue Loan.
Second-Germany will Immediately
issue an international loan in which
she will participate, and of which the
value, rate of interest and scale OF re-
demption shall be subject to agree
nent, the proceeds of the loan to be
put at the disposal of the allies.
Third-Germany will pay, accord
ing to her capacity. in labor, interest
and redemption, the total sum to be
paid which is not covered by the in
ternational loan ;she considers in this
connection that 1t will be possible to
pay only per cent annual interest.
Probationary is disposed TO
permit the allies to share in an inn
provement OF her financial and eco
nomic situation. The redemption Of
the remaining sums will have to take
therefore, variable form, depend
ing upon an improvement. It would
be necessary 10 draw up scheme to
be based on an index to be used
should the situation become worse.
Aid in Reconstruction.
Fifth-In order to clear herself
as quickly as possible of the balance
Germany is willing to cooperate
with all her strength In the recon-
struction of the devasted regions;
she regards reconstruction as the
most urgent basis of PREPARATIONS and
the mos direct remedy for mitigat-
ing the hardships of the war and the
hatred between peoples. She will re-
construct towns, villages and town
ships designated, or cooperate by
supplying labor and material, or in
any other way agreeable to the allies.
Sixth-With the same object in
view Germany is disposed-to pay in
kind to states which We're victims of
the war. in addition to reconstruction,
:. c,e,rdinq To q schame as far as DOS