Every evening, Wilmington daily commercial., 1921-01-29
PLANS FOR PAYMENT
Continued from page /

The fret two installments will be
1000. .000.0 marks; the next three
1900, 900 600; the next three. 100000
000 the next three. 5000 .oo0, 900. and
| the next thirty lone 5000. 900 each.
In addition Germany will be required
to pay a twelve per cent tax on her
exports. This tax. calculated on the
basis of German exports In 1919. would
total little more than $500, 100000
gold marks. The plan submitted would
place the task OF collecting the tax on
the allied reparations commission.
As a guarantee against German de
fauting on her payments. the COM
mittee recommended that In such an
event German customs might be seized
and new or increased taxes be imposed
without prejudice to any measure the
allies might take if this plan proved
inadequate.
The sudden ironing out Of differences
came after two days Of continually
widening breach that threatened to
break up the conference. II being yirtu
ally suspended except for private con-
| ferences. Official French circles give
| the Belgian delegation credit for the
successful reconciliation Of the British
and French viewpoints.
1
| approved by tho supreme council. will
bo submitted 20 Germany FOR accept
| ance an an agreement outside of article
| 93 Of the peace treaty. which entruats
| the rcpsratlors committee with tho
task Of nxirg the amount Of the indefn-
nifty. Then another conference viii ba
called to which the Germans viii he
| invited.
The committee Of experts at mid
| night was considering the question OF
shortening the period of. the payments
to thirty years, for which the treaty of
Versailles specifically provides. But
| the period of forty-two years finally
| was adopted as the whole agreement Is
| outside the treaty and the longer per
iod OF payments Will make the task
easier FOR Germany.
During yesterday afternoon confer
ences between small groups of the
| delegates went on in an effort TO clear
up the tangle in the situation which
had arisen, NJ. BRAND. the French
premier, after leaving the British
prime minister. Mr.. Lloyd George. con-
suited with his colleagues of the cabt-
net and later returned for another talk
with Mr.. Lloyd George.
Meantime Mr.. Lloyd George had re-
ceived the British and Belgian repre-
sentatives on the special reparations
committee appointed Thursday. and
after some discussion these representa-
tives returned to the session of the com
mittee which had been suspended dur
ing their absence. After the consul
tation with Mr. Lloyd George the mem-
bers Of the committee seemed some
what more hopeful. A great deal Of
the discussion bore on the ad vaiorem
tax that it had been proposed Germany
should place on exports.
SDeculation was rife throughout
the day as TO what ultimately would
be the result If an agreement were
not reached. The general opinion
! seemed to be that should failure re-
suit NJ. Doumer, the French Minister
OF Finance, would be held responsible
for raising obstructions TO a settle
ment of the repaIations question and
find il necessary TO resign. Persons
close TO Premier BRAND expressed
the belief that if NJ. BRAND were uu-
able TO conciliate the French view with
that of the British he would report the
| circumstances TO the chamber of dep
| uties and then announce the resig'
nation of the entire French cabinet.
Late in the afternoon the alterna
| tive proposition was submitted to tht
French delegates. providing for fixeC
annuities for AZ years plus varying
annuities figured on Germany's foreign
trade. This plan was suggested To giVt
satisfaction to the French viewpoin
that owing to the impossibility of de
termining now what Germany's situa
ton viii be In the future no part o
Frances claim should be abondoned
Under this plan the French and othe
creditors of Germany would be pait
a minimum consisting of fixed annui
ties and an additional sum proportion
ate to the economic prosperity of Ger
many
Athens, Jan. 29.-The decision of tn
supreme council in Paris regarding tn
Greek and Turkish question continue
to occupy the attention of the govern
ment. the press and political circles
| TO the exclusion of almost every othe
: ! subject of news.
/ That the country's status will ham
, | in the balance for another month ha
/ created disappointment and apprehen
{ sion, although some of the royalist news
papers assert they see hopeful sign /
the attitude of the Allies.
NJ. Stratus, leader of the nationa
conservative party, points out that tn
communication of the allied represen
p tatives to the Greek government doe
j not refer to Greece as an ally but mere
: ~ invites Greece and Turkey to sen
! delegates to London. The cabinet ha
been holding meetings nightly but no dc
cision has yet been reached regardin
the sending of delegates to the Londo
conference.
! The opposition and Independent news
: papers declare the only man eapabl
J of handling the delicate situation
: former Premier Venizelos.