Norwich bulletin., 1921-12-06
Grant Germany
Three Years Delay
in Her Cash Indemnity Pay
ments-France and Great
Britain Virtually Agree.

Paris, Dec. 5.-(By the A. P)-Ger-
many will probably be granted a three
years delay in her cash indemnity pay
.ments, the Associated Press is informed
fro nithe, most reliable source Negotia-
tirns are now going on between the repa-
rations. officials of France and Grea-
Britain, and the responsible officials of
both countries virtually agree that Ger
many must be given a breathing spell.
All that remains to be done is to work
out a scheme acceptable to both countries.
The suggestion of three year mora
torium has been abandoned at the earnest
solicitation of France. The French rep
resentatives explained that the word NOR
atorium was especially offensive to the
French people IN connection with the in
dennity, inasmuch as 1t was understco 1
as meaning complete suspension of pav-
ments of all kinds.
The greatest progress has been made In
the last few days in bringing the French
and British viewpoints together; the re-
suit of this progress has been the deci
sion to give Germany a chance to regain
a normal status.
The reparations holiday cannot be used
by Germany as a means of evadlng ali
future payments of indemnity French
officials explain that it is being considered
50 that Germany will better be able at
the end of two or three years to fulfil
her reparation obligations and she mus
then be prepared to pay in full "a rea-
sonable indemnity"
The whole problem will be formally
placed before the reparations commission
s-ation note Is received. probably at the
| end of this week In the meantime Of
| f1cials are working hard to reach a CON
mon plan OF action. Numerous sugyes.
tions are under consideration. One, whicr
| is receiving considerable French support
| involves a written guarantee by Germany
| that:
4 C) The budget will be balanced; ~
| no capital shall be exported to forelcI
country; CD there shall be no policy o
| retaining canital In foreign countries; q
| the raising Of loan portion of whicl
| is to go to the reparatons commission
| (5) continuation and probable increas'
during the period of delay of payments !,
! kind
| Such a plan would set up an all-e'
| control commission in Berlin to supervis
budgetary reforms and have broad pow
ers to effect other financial changes.
| It is declared that there are no ioage
any insurmountable sdifficulties betweel
| the two countries on the reparations 70
| icy. Officials, representing France i
! Germany who are in a position to know
the real facts. understand that German
cannot meet the payments beyond thcs
scheduled for January and February next
/ As to these. France is not greatly con
cerned for 1t Is asserted under the allie
agreement France Is not to receive. on
cent of cash involved In these install
4 ments.
The Associated Press is further inform
ed that the supreme council probably wi
consider the new situation created at
meeting to be held within five or ST
weeks. when France probably Will make
formal demand for a new distribution {
the first billion of of the indemnity pai
| last August. This will be based on III
4 argument that France consented to II
division between Great Britain and Be
GUM in the belief that Germany woul
make further payments. Now that ther
is little likelihood of payments for thrs
years after February, France feels thu
she should have part of the only cas-
payment received from Germany.
American observers In Europe Al
strong supporters Of the plan to graz
the delay they have advocated that sue
a move for several months as the be
means of insuring payment of sui
stantial indemnity To France. They col
tend that a delay of three years will el
able Germany to regain considerable
her pre-war economic stability; ar
there would then be no argument again
her paying reasonable indemnity.
Re7aration observers believe TIL
French public opinion will accept Il
new policy with respect TO reparation ar
pr-fess to see in It means of depriv!r
Germany Of all arguments against Il
payment of the indemnity.