The daily banner. (Cambridge, Md.) 1897-2008, 1921-03-02
(;..nIgAEIS OFFER
$7,5OO,DOO,OOO
Hot Worth Considering, Lloyd
George Says.
TEUTOHS WANT LOAN ALSO
BRAND Says Plan Means Allies Must
Advance Money with Agreement
to Pay.

London, March 2--Ciermany, through
! h|r delegates to the conference With
the allies, made reparation offers OF
approximately thirty billion gold
marks, or about .$7,50G, 100000
fhe reparati0ns sum fixed by the AZ
lies at Paris, January %, was ::26,-
! 0uDoU0 900 gold marks payable over a
reliUd OF fOrty-two Years. The sum
is generally spoken u1 as roughly
equivalent 10 500 O00 G0O.UuD. but more
exactly tigar2d on the gold equivalent
| Of the mark at par. ii amounts to S13,-
S;;;} 209WM. How the present German
e., = compares Wj:h this depends on
the time over which payment iS eN-
tended and other circumstances not vet
made clear
II Wa" understood after Dr. SimOnS.
IL. i4eriIan foreign minister. had fin
iSi.Si 1:i' statement David lloyd
Z o'ry.G, tie british prime minister,
=, lied III substInca unless the Ger
Z nS had something mere 10 offer than
81 cared in Or, SImons' statement
Il. il was no need II ,1ul.IIiiI.r III
conference.
II. Lloyd George told the German
foreign minister:
IF the written PROPOSALS are of The
::'.i" general character as the eXnla-
n.;ion Of them it isn't worth while for
T.. to read them. You have COM
Il. g lack of comprehension of the ro-
s.ti@n of the allies and of your own
y" itiCn We viii di*,use among our
selves our reply aud give it to You ="
Then the Germans left the confer
-c they appeared u he greatly de-
:.fs~=si Sir, Ll1Ed George and IL
f..!And, the French premier, were sinil
IL" a. they came from the chamber.
Nj. Lloyd George opened the pro
c@2din&s by informing the Germans the
conference first would take up the rep
arations questions, and then disarma
ment. DR.. Simons agreed and COM
mcnced to deliver his statement.
He said the Germans had prepared
two written propositions most care
fully. and after profound study of Ger
many's resources ana possibilities
They had been engaged in this UafE
up to the moment Of their departure
from Berlin, DR.. Simons declared, and
therefore had not been able to COM
municate their proposition in advance.
II then, in effect. said Germany
would pay fifty billion marks ($f2,-
700.000,000) subject to the various dis
counts and reductions and the sums a.
ready paid.
\ haSty examination by the French
delegation Of the written proposals Of
the Germans Indicated after the reduc-
ti"n1 Germany would pay about thirty
billiGn marks.
tAdvices 10 official circles in Wash
incton said Germany had submitted to
the reparations commission q list Of
rsnaratiOn payments made up To- Janu-
aYv u last, amounting To q .000.000, 900
geld marks or approximately S3,260,-
0E} 900 J
NJ 3rand said the proposals We're 50
drawn they amounted 10 an ctfer If
the allies would advance Germany
Gncnny on favorable terms, Germany
v,Gnld pay them. The Germans appar-
eHtly figure if the capital sum of about
thirty billion marks were taken now,
il would amount to about 220,000000,-
900 marks in fOrty-tWo years at per
cent The difficulty, it is pointed out
~ allied quarters is for Germany to
obtain these thirty billion marks with
put the allies doing it largely for them.
Among the most important points adj
vanced by DR.. SimonS were his insist
cn~a the total capital sum OF Ger
rrany'$ obligations he definitely fixed,
and his representation Germany was
expected to reach her maximum ca
pacity to pay in 1926, when the Ger
mans propose another arrangement
shall be entered into for payment of
the remainder within thirty years.
Or. Simons said the difficulties
which rendered acceptance of the Paris
rpparationS proposals impossible were
dda To the fundamental controversy
involving, on the one side, the raising
Of Germany's productive efforts to a
maximum In order tn enable her to
meet her obligations. and on the Other
side prevention Of German cOmDetitiril
becoming a menace to other nations