The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-03-03
GIVE GERMANY
TILL monday;
COUNCIL FIRM
Tell German Delegates I'm
mediate Steps Will Follow
Country's Refusal of Fun
damental Conditions.
TO WAIT FOR HARDING
(By Associated Press)

down by the supreme allied council at
Paris. The German delegates were in
formed by the allied representatives
today that if Germany does not ac- f,
cept these terms, the allies will take
immediate steps.
The first will be the occupation by
allied troops of the cities of Buisburg
and Dusseldorf and the Ruhr region
Of Germany, which contains important
mines and iron plants.
Second, each allied country will
place such tax on German merchan-
disc as it may deem proper.
Third, customs boundary along
the Rhine, under allied control, will
be established.
One Modification
The German delegation was in
formed that the only modification of
the Paris reparation decisions permit
ted to Germany would be as regarded
conditions of payment, such as a re-
duction Of the period of annuities from
AZ years to 80 years.
Germany's counter proposals. which
were submitted to the allies on Tues
day, were not susceptible OF examina-
ton, Premier Lloyd George told DR..
Walter Simons, head Of the German
delegation, in substance, after today's
session of the conference had as
sembled at st. James palace at noon.
Mr.. Lloyd George said the attitude
taken by the German empire regard
ing reparations was, in addition, a
grave violation of the obligations Of
Germany toward the allies. He re-
minded the German representatives
that their government had not fulfilled
the treaty of Versailles relative to
coal deliveries, disarmament, the pay
ment of twenty billion marks in gold
and the punishment of German Off
GERS and soldiers accused of crimes
during the war.
Much Speculation.
There was much speculation today
whether upon the announcement of al
lied decisions the Germans would pro-
duce an alternative scheme which they
were credited with having in readi-
ness. Two members of the German
delegation had been quoted by inter
viewers as having made statements
diametrically opposed relative to this
hypothetical plan.
The Laborite Herald stated today
a time limit was granted the Germans
because Premier Lloyd George was
unwilling to take irretrievable steps
until the Inauguration of President
elect Harding, who is expected to ex
pound the new American administra-
ton's foreign policy in his address in
Washington on Friday.
Here Turks Friday.
Turkish and Greek representatives
will be heard by the allies on Friday.
At that time Premier kalogerpoules,
head of the Greek delegation TO the
near east conference, will, it is said,
inform tn allies that his government
has been unable to accept the plan
for an investigation of conditions in
Thrace and Smyrna by an inter-aliied
commission. Djavid Bey, foreign min
lister of the Turkish government in
Constantinople, arrived here yester-
day.
BERLIN, March 3.-Banking circles
today gave no Indication of apprehen-
sion regarding future progress of the
reparation conference in London, nor
was there any apparent uneasiness in
the Bourse. In both quarters there
was prevalent feeling that Ger
many's counter proposals were not
fully understood by the entente lead
ers upon their first presentation by
DR.. Simons.
Quotations on the Bourse were re-
markably firm in the face of Il flood
of alarming reports from London and
Paris, and there was lively specula-
ton in foreign exchange, the demand
for American dollars predominating.
Criticize Manner.
The manner in which the German
counter proposals were formulated
came in for a measure of criticism,
notwithstanding the fact that experts
of the foreign, financial and economic
departments had been engaged with
the cabinet for a week or more before
the German reply was drafted,
The claim was advanced in bank
ing circles that an unbiased perusal
OF the German reply did not warrant
hasty adverse judgments, such as
were reported from London and Paris.
1t was declared the German proposals
represented Il liberal reparation set
tlement.
Deny Reports.
There was official denial today OF
reports that the German counter Of
fers were represented as an equivalent
OF the 226OO0, 100000 marks demanded
in the Paris terms but that this sum,
rediscounted. represented the present
capital of 50,000,000 600 marks.
The latter sum was made a basis
for the present German offer, it was
said.
Carl Bergman, financial export
with the German representatives in
London has pointed out that 50,000,-
900. 900 gold marks paid in 80 years
would be the sum Germany was will
ing to acknowledge as her reparation
obligation.
Short Period.
1t was said the total represented
more than one half of the AZ annuities
demanded in the Paris program, but
was payable in considerably shorter
period Germany's ability to pay this
total was largely dependent upon the
revival of her export activities, and,
as this revival was likely to be slow,
Continued on Page Sixteenj