The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1921-04-27
GERMAN PROPOSALS
FINALLY Made KNOWN
Terms of Suggestions Are Made Pub
ic in Berlin
IN COMMUNICATION
SENT TO WASHINGTON
President Harding Assured That Ger
many Will Do Everything in Her
Power to Enable American
Government to Lend
Hand in Difficult
Situation.

Berlin, April 26 (By the Associated
Press. 1.-The German people now
know the new proposals which the
German government submits to the
allied powers through the medium
of the United States. The terms of
the proposals were made public to-
day, as we'll as the accompanying
assurances forwarded to President
Harding.
Germany, declaring that the peace
and welafre of the world are de-
pendent upon a speedy and just
solution of the reparations question,
assures the president that it will
do everything in It's power to en-
direct the attention of the allied
governments to the matter. AS pre-
viously outlined, Germany proposes
to pay the allies an indemnity ex-
tending over a number Of years
which will amount to 200,000,00 900
gold marks, equivalent to $50,000,-
100000, she will cooperate to her
utmost in the reconstruction Of de-
vastated regions; she will place i'm
mediately at the disposal Of the rep
arations commission 1000, 100000 gold
marks; she is willing to assume the
allied objections to the United
States and she will issue an inter-
national loan, the proceeds of which
will go to the allies.
The German foreign minister, DR..
Simons, explaining the counter pro-
posals in the reichstag, declared the
new offer sent through the United
States must not be taken con the
basis of an increase over the pre-
vious German offer, but only on a
different basis"
Not From Fear
The new step had been taken by
Germany, the minister explained, not
from fear of new penalties, but ow-
ing entirely to the false views en-
tertained abroad regarding the rep
arations question. President Hard
ing was appealed to on the princi-
pie of justice, and the American an
swer was awaited at any moment.
The text of the note forwarded by
Germany to the United States for
with the following points.
81. Germany fixes her total liabil-
ity at 100000, 100000 gold marks pay
able in suitable annuities.
"2. Germany will Immediately
issue an international loan in which
she will participate, and of which the
value, rate of interest and scale of
redemption shall be subject to agree
ment, the proceeds Of the loan to be
put at the disposal of the allies.
"3. Germany will pay, accord
ing. TO her capacity, in labor, interest
and redemption, the total sum to be
paid which is not covered by the in
ternational loan; she considers in
this connection that it will be posi-
BILE to pay only 4 per cent. annual in
terest.
"a. Germany is disposed to per-
provement of financial and economic
situation. The redemption of the re-
manning sums will have to take
therefore, a variable form, depending
upon an improvement. 1t would be
necessary to draw up a scheme to be
based on On index to be used should
the situation become worse. .
"5. In order to clear herself as
quickly as possible Of the balance
Germany is willing to cooperate with
all her strength in the reconstruction
of the devastated regions; she re-
CARDS reconstruction as the most ur-
gent basis of reparations and the
most direct remedy for mitigating
the hardships of the war and the
hatred between peoples. She will re-
construct. towns, villages and town
ships designated, or cooperate by
supplying labor and material, or in
any other way agreeable to the allies.
"6. With the same object in view
Germany is disposed to pay in kind
to states which were victims of the
war, in addition to reconstruction
according to scheme as far as DOS
sible purely commercial.
Money in Hand.
7. In order to give undeniablc
proof of her good faith, Germany is
prepared Immediately to place at the
disposal of the reparations commits
sion 1000, 100000 marks, comprising
100 100000 in gold and silver in for
eign exchange and 85O,000,000 gold
marks in treasury notes, redecmable
within three months in foreign ex-
change or foreign securities.
-. In the event the United
States and the allies so desire, Ger
many is willing, according to the ex-
tent of their ability and capacity, to
assume the allied obligations to the
United States.
~. Germany propose to nego-
tiate, with the assistance of experts,
as to the way in which German de-
hveries for reparations will be reck-
oned as against the total of Ger
miany's debt, particularly respecting
the way in which the price value
will be fixed.
40. AS security for credits ac-
corded her, Germany is willing to
pledge public revenues and proper
ties in manner to be determined be-