Great Falls tribune., 1921-01-30
PREPARATIONS
PLAN SIGNED
BY ALLIES
Council Approves Plan
to Aid Austria With
Billion Franc Loan.
226 Billion Gold Marks
Is Total Set for Ger
many to Pay.

Paris, Jan. 29.-(By The As
,sociated Press.)-The German
reparations plan as drafted by
the special committee Of the
supreme council of the allies
was signed by the council men,
bers Friday evening. The Ger
man disarmament agreement
also was signed.
The council likewise approved
plan for a 200 million franc corpora
ton to aid Austria.
In Better Humor
The delegates left the foreign Of
flee after the forenoon session in what
appeared to be far better humor than
had prevailed among them at any pre-
yious time during the conferences.
The demeanor Of Premier Lloyd
George was particularly cheerful.
Premier BRAND told newspapermen
that the council had achieved its re-
suits in spirit of greatest cordially
The tendency in French circles is to
regard the outcome Of the conference
as decided success for NJ. BRAND.
TIE report Of the military commit
tee on disarmament Of Germany pro
v;des for the complete d.shand'1cnt Of
,so-called civic guarl orglnlzltiors not
nermitted under the treaty The nls-
abandonment must be completci ~ Jn'y
next. The penalties for failure
Premier BRAND stated. are stronger
than those arranged at the Spa con-
ference.
Conference In London
r.he conference Of February %, to
which the Germans have been invitec
to consider the reparations terms
will be in London.
Examination of the reparations plar
showed it provided that the u peT cent
tax on German exports over the same
period as the stipulated reparatior
payments. Germany is to be allowed
an eight per cent cash discount OF
nayments made in advance.
The total of 226 billion gold mark:
of German reparation payments callet
for by the plan will equal apprcxi
mately $56,O0O, 100000 at normal ex
change rates.
The first two installments would b.
two billion marks, the next three.
billion. the next three, four billion, an
the next three, five billion and tn
next LulTLS o,Sootooofooo ~>~--'
In addition.
IL Per Cent Export Tax
Germany would be required to pa,
II per cent tax on her exports, thi
tax, calculated on the basis of Ger
man exports in 1913. would total
little more than 1900. 100000 gol
marks The plan submitted woul
place the task of collecting the tax o.
II.
1t is understood that for the purpos
of inducing Germany to pay off ne
reparations debt as rapidly as possibl
she would be allowed discounts ON he
annual payments. These discount
would be fixed at s per cent the frs
two years, six per cent the two follow
ing and five per cent the remaining 3
years.
As q guarantee against Germany de
faulting on her payments the comml'
tee recommended that in such an ever
German customs might be seized an
new or increased taxes be impose
without nreiudice to any measure tn
allies might take if this plan prove
Inadequate. Finally Germany would /
forbidden to contract any foreign loa
without permission from the repar'
tions committee.
French Opinion Settled.
While this solution Of the knott
reparations problem did not appear
arouse enthusiasm here, it has at lea
satisfied French opinion.
The text of the agreement was con
pleted too late to permit of an exten
ed analysis, but Paris newspapee
were generally agreed that it satisfi,
all viewpoints without sacrificing q
desires of any nation.
The question of German coal deli
cries will be confided to the reparatio
commission. under present arrang
ments. Methods to be followed in t
execution Of the plan submitted to t
council will be decided upon by t
commission of experts appointed
Rrussels which will resume its ia
shortly. It will also settle differe
questions raised by German delegat
at a meeting between the allies a
Germans soon.