Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-01-30
Il PER CENT LEVY
ON ALL EXPORTS
ALSO is IMPOSED
Supreme Council Reaches
Full Agreement Before
Adjournment.
PRICE FOR FRIGHTFULNESS
UNPARALLELED IN HISTORY
Payments, Spread Over Period
of AZ Years, Meant Partly to
Repay Ruthlessness.
MUST FULLY DISARM JULY 4
All Civic Guards Not Provided For
in Versailles Treaty to
BE Disbandcd.
PRICE FOR FRIGHTFULNESS
UNPARALLELED IN HISTORY
MUST FULLY DIsAKM JULY 1
MI Civic Guards Not Provided For
in Versailles Treaty to
BE Disbandcd.
TEy Associated press-l

81
PARIS. Jan. 29.-Full agreement on
reparations, German disarmament and
all other Important questions before
It was reached by the supreme coun-
ell OF the allies when it adjourned at
$40 o'clock this evening. to meet
again in London February 81.
The greutcst result obtained was.
as NJ BRAND, the French Premier.
expressed il after the closing session.
'maihtenance by the allies of n front
as united in making peace as it was
in making war" Count Sforza, the
Italian Foreign Minister. and NJ.
BRAND said the conference had re-
suited to the satisfaction OF every
body concerned.
\ protocol was signed approving
the reparatioas scheme as agreed to
by the special committee appointed by
the council 10 consider the subject and
also the report on tho disarmament,
OF Germany as presented by the m,i-
tary committee. Under these arrange
lnents Germany must disarm by July
/, disbanding all her civic guards not
provided for In the Versailles treaty.
Ncpnrntion Totals S53,8SS, Oli0.0 900.
Germany will be called upon to pay
in iorty-two annuities on n sliding
scale "26,o00,00O,o00 gold marks cat.
par So3,6SS, o0o,000). Her exports will.
In addition. bear an export duty of
2 per cent that will go TO the allies.
On the basis OF last years exports,
this would give the allies l.250. 900, 900
gold marks or IL per cent of what
N u.I irI,
paid for. Thus. it is estimated, the
first payment made by Germany will
be 3.250,oo0.000 gold marks. tho eS-
port tax being paid entirely in cash.
1t is pointed out that. besides be-
ing sure method OF collection OF
the rcparations. 1t will act as pro-
tec;ive tarin in countries that are
neiShbors of Germany, which are
likely to be flooded with goods made
IN Germany at n very low cost OF
production because of the rclatjvely
low value of the mark and which
consequently can be offered in for
cign markets at very low prices In
foreign money.
Penalties Apply to All Agreements.
Ihe penalties agreed upon by the
council for violations by Germany
VIII apply to all the agreements
alike-reparations, disarmament and
coai deliveries. y strong feature OF
the reparations plan, from the French
point OF view, Is that it associates
the allies i'll the benefits OF Germa,v.s
prosperity.
seizure OF German customs wac
ADDED as fourth on the list of penal
Ties adopted by tho council. Tho
other three are: Extension OF tho
area Of occupation: occupation of tbs
Iiugh district; refusal to admit Ger
many to the league of nations.
According to the terms of the ar
arrangement. the annuities and export
taxes are payable semiannually. Dis
count for advance payments will be
per cent for the first two years,
per cent the third and fourth wears.
and per cent thereafter. Germany
is forbidden 10 establish foreign
credits without the approval OF the
reparations commission.
The supreme councils decision.
were communicated TO Germany to-
night
In the attempt to aid Austria il
was agreed that the allies should
forcSo reparations. the cost of the
army of occupation and certain other
Austrian debts to the allies, in order
10 enable Austria the more easily
20 obtain outside aid. I. was also
decided to convene, in the neighbour
hood Of Trieste, a conference or Aus
tria and adjoining countries for this
purpose of endeavoring to improve
economic. commercial. financial and
political relations between the Cen
trail European states.
Approve Aid for Austria.
Approval was given 10 MI Loucheur's
proposal for 100000. o00-tranc corr
poration TO assist Austrian indus
tries, in which the different govern
ments may participate. y commits
sion will be appointed TO inquire into
the conduct OF tho Austrian admins
tration with 4 view 10 suggesting
economies and improving the various
services.
The British Prime Minister, David
Lloyd George. expressed lively satisrS
faction over the fact that the allies