Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-04-27
SlMONS ANNOUNCES
INTENTION TO QUIT
CONTINUED From First PagcD

continued FROM flrst rage
Transmission to the allies concludes
with the following points:
Il Germany fixes her total liability
al 5o.cuO.o0o.0o0 gold marks. payable
in suitable annui;ics tn total @oc'-
ooo. 900. 900 gold marks.
- Germany will Immediately is
sue an International loan. in which
she will participate. ana OF winch me
value. rate OF interest and scale OF
redemption shall he subject I" agree
m"nt. the proceeds Of the loan TO be
put to the disposal OF the allies.
-. Germany will pas according to
her capacity. in labor. interest and
redemption. the total sum to - paid
which is not covered by the inter
connection that it will he possible To
pay only per cent annual interest.
-. Germany is disposed I" permit
the allies tn share in an Improve
ment Of financial and economic situa-
ton. The redemption Of the remain
inr sums will have to take. there
fore, a variable form. depending upon
AN Improvement. 1t would he ncccs-
sar yto draw up II scheme to be based
on AN index to bc used should the
situation become worse.
Help In Reconstruction.
-. In order to clear herself as
quickly as possible OF the balance.
Germany is willing To o-opcrair
with all her strength in the recon
StructiOu OF the devastated regions;
she regards reconstruction MS the
most urgent basis of Preparations and
the most direct remedy for mtlGat-
ing the hardShips Of the war and the
hatred between peoples. She will re-
construct towns. villages aud town
ships doSic mated. or cooperate by
supplying labor and material, OF in
amy other way agreeable 10 the
allies.
sc With the samc object In view,
Germany is d.SpoGGd to pay in kind
1" states which we're victims Of the
war. in addition To reconstruction.
according TO scheme as far rs pos
siblc purely commercial.
- In order 10 give undcniable
proof of her good faith, Germany is
prepared Immediately Ia place at the
disposal Of the rcpara,ions commits
sion ono billion marks, comprising
l5o,000."op in gold and silver In for
ci@n cxchnaGc, ana sac. 100000 gold
marks in Treasury notes, rcdcemablc
within three months in foreign cX
change Of foreign securities.
Assume Allied obligations.
IS. In the event the United States
and the allies so desire. Germany is
hcr ability and capacity. 10 assume
the allied obligations to the United
States.
go Germany proposes 10 negotiate.
with the assistance OF experts. rs to
the WAY in which German deliveries
fur separations Will bc rcchoncd as
against The total Of Germans debt.
pariicularly respecting the way III
which the pricc-valuc Will be fixed.
10. As securities for the credits
accorded here. Germany is willing TO
pledge public revenues and proper
ties. in Il manner to he determined
between the contracting parties.
IL. With the acceptance of these
proposals. Gcrmany's other rcpara-
tiUnS and obligations VIII bc annuicd
and all German private property in
foreign countries Will be released.
10. Germany declares the present
proposals only capable of being ear
rird on, IL the system OF penalties is
discontinued forthwith and she is
freed from all uuproductivc OUTLAWS
NOW imposed on her and that she be
E!Nnm frcelnm OF tradc.'