Arizona republican., 1921-01-31
SUPREME COUNCIL DECISION DECISION 0J DISARMAMENT GIVEN GIVEN TO IO
 GERMAN DELEGATE IN PARIS
No Notifications Will Be Permitted Which Might D minish Proceeds Of German Customs Without Approval Of Preparations Commission-41 Annunities Running From May l, 1921 to May 1, 1863
LRepublican A. p. Leased wlrel

l PARIS, Jan. 30- The document signed by the supreme council hy (which the reparations and disarma- ment decisions of the allies will be lconveyed to Germany, was delivered today to Charles Bergman. head of the German delegation here, with 4 letter of transmittaI marked "confi- Idential"
 The letter of transmittal says:
 Sir: The allied conference has taken the following decisions:
 As regards the disarma ment Of Germany. the allied governments have approved the conclusions formulated ia the note attached.
 'As regards separations, the allied governments have approved the pro- posals formulated in that document, also attached.
 The allied governments have formed the hope that the German government will not place the allies under the ne- cessity of envisaging the grave sitiia- ton which will be created if Germany persists in failing to meet her obliga-
 tions.
 Qualified delegates of the German
 government will be invited to a meet
 ing in London in February with dele gates of the allied governments" 7 The reparations note reads:
 ARTICLE L--For the purpose of
 
 Q iupon her by Articles 231 and 2s2 of . lthe treaty of Versailles, Germany shah !. pay:
 !. Fixed annuities payable half yearly
 in equal parts as follows: (A) Two . . annuities of two billion gold marks from May l. 1921. to May, 1923: fR) : Three annuities of three billion gold , marks from May l. 1923. to May |. U ls26; co Three annuities of four bfl- e Lien gold marks from May l, 1926. 10 . May l. 1929; (D) Three annuities of
 five billion gold marks from May |. Q 1929, to May l .1932: (E) Thirty-one U anruities of six billion gold marks from . May l, 1888, to May 1, 1963 'I Forty-One AnnuitIes le "Forty-one annuities running from
 May 1921, equal in amount to 12 per S. cent ad valorem of German exports. l. payable in gold two months after the ? close of each half year. 10 TO secure complete fulfilment oi 1e Paragraph above, Germany will r5v4 1e ao the reparations commission every
 facility for verifying the amount of the
 sGcrman exports.
 Article 2-The German governmeni 0 win transmit forthwith to the repara.
 tions commission notes to bearer pay. n able at the dates specified in Articl. II | The amount shall be equivalent [, :, each of the half yearly sums payable Fl Article B. Germany shall be a
 liberty to make payments in advanc,
 on account of the fixed portion of th' an sum owing
 e Advance payments shall be apple, ne in the reduction of the fixed annun ol ties. For this purpose annuitie s., ishaH be discounted at the rate Of at per cent until May 1, 1923; six per cen ln from May 1, 1929, to May l. 1925: ffv :. Der cent from May l. 1925. N1 Article 4-Germany shall not ,li " rectly embark on any credit operatiol U Ioutside her own territory without ap U. proval of the separations commission
 Article 5-In pursuance of Articl ed PAS of the treaty of Versailles all as set sets and revenues of the empire an na or the German states shall be appii ao cable to insure execution of the pro cy visions of the arrangement.
 "The proceeds of the German GUS
 ltcms, including the proceeds of all i'm
 rort and export duties and of any ta
 subsidiary thereto shall constitut L. special securit for the exception C LA the agreement
 NO modification which might di ral minish the proceeds of the custom of shall be made without approval of tn to reparations commission. All Germa lrd customs receipts must be encased itS behalf of the German government b H a receiver general of German custom tok appointed by the German governmer yill with the approval of the reparatior ard commission.
 In case Germany shall make defau di- in any payment
 try "All or part of the proceeds of tl he German customs in the hands of tf .ral receiver general of German custom om may be attached by the reparatiU
 tcommission and applied in meeting tl