New-York tribune., 1921-11-26
Reparations Commission. 1t
Is Said. Is Not Averse 10
Granting Extension on
Payments Due on Jam. Is
Expect Support From us.
Official Asserts That Delay
Would Give Germany
Chance to Balance Budget
By Joseph Shaplen
By WsrsIess to 7'he Trsbane


BERLIN, Nov. 25.- Efforts to con-
vince France of the wisdom and neces-
sity of granting Germany delay in
the 500 900 900 gold marks Preparations
payment, due January Is, as we'll as
the export tax payment, due in Feb
ruary, will be made directly or indi-
rectly by the Allies according to
statement made to The Tribune to-day
by leading Allied official in Berlin
Direct efforts will be made by
the situation and who believe in the
urgency for such relief measure.
Indirect efforts will be made by the
United States.
The aforementioned Allied official,
who occupies position of great I'M
portsnce in Allied diplomatic councils
and who is himself a financier OF inter
national renown, declared that while
the Reparations Commission, follow
ing it's recent visit in Berlin. officially
appeared united in its stand that Ger
many must cover her payments in jan
uary end February without delay, the
fact of the matter is that this is only
the French governments view.
The Tribune's information, however.
is that the French position is no longer
jnfexible, for several leading french
statesmen and experts, some OF whom
ere now in Washington, are likewise
beginning to realize the wisdom OF
granting g delay.
Expect Pressure From Z. S.
According to the Trihune's4 inform
ant the likelihood is that the American
government will bring friendly pres
sure to bear on these Frenchmen to
favor such action. The Tribune's in
formant declared that unless France
agrees to such delay, which will give
Germany sufficient opportunity to
bring her financial house in order. the
probability is that Germany will be
unable to make any other payments
after those falling due in January and
February"
Germany, the Allied official said, will
be able to pay reparations, but must
first be given chance to balance her
budget, which is impossible so long as
the mark continues downward. Grant
ing the proposed delay would immedi-
ately improve the position of the mark
and so strengthen the Wirth govern
ment A delay will enable Germany to
collect the vast sums now outstanding
in uncollected taxes as we'll as aid in
putting through the new taxation pro-
gram now before the Reichstag-two NO
moves which would make the balancing
of the German budget possible.
Would Aid German Finances
With this accomplished, The Trib-
une's informant declared, and with the
international situation following the
conclusion of the Washington confer
ence cleared up, Germany would be
able to obtain a longer term of foreign
credits abroad, which would put heI
finances on a sound basis.
There would be no trouble in max
ing Germany pay at once her home
budget balances" said The Tribune's
informant, who appeared to be opti-
mistic about the prospects of obtain
ing Frances consent to the proposed
moratorium. He emphasized, however
that the initiative for this move must
come from France On American advice
admitting that British and Italian eff
forts to bend France in this direction
are useless.
The officials opinion was that, Will,
BRAND might have some trouble Will
the French Chamber i'll putting through
this scheme, its ultimate effects woul,
be so wholesome on the entire inter
national economic situation as to Civ
BRAND great victory in the long run
He claimed to know that BRAND, Presi
dent Millerand and M. Loucheur. Minis
ter of Liberated Regions, are not disin
ciined to treat sympathetically tn
moratorium idea.