Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-03-08
PROPOSALS REJECTED
BY BRITISH PREMIER

London, March z. - Premier
Lloyd George in announcing Ger
man proposals were not acceptable,
said: -....
1--WE all deeply deplore having to
come to this decision in the inter
est of peace, and, despite the fact
that our action is liable to q good
deal of misappre in our
countries, we have made an effort
to secure a better understanding
and it is not for lack of effort and
discussion that | have to announce
on behalf of the allies this failure
to come to an understanding with
+, Germany"
Explaining why, the latest pro-
posals of Dr. Simons were made
quate, Mr.. Lloyd George said it was
essential in the interest of peace
that there should bes definite set
! tlement of questions between the
allies and Germany.
"That is an appeal to common
sense" he continued, "The experts
made some suggestions about try
ling to agree for five years, but that
was not a plan adopted by any
conference of statesmen. We
wanted to know where we stood.
He pointed out that DR.. Simons'
acceptance OF the Paris proposals
for five years was apparent but not
real. 1t was subject to conditions
which might terminate in few
weeks. 1t was subject to the pleb-
iscite in Upper Silesia. If the
plebiscite were adverse to Ger
many she would be justified in
saving: Germany is deprived OF
territory upon which she depended
to pay those annuities, and there
fore the agreement is at an end "
He continued:
"The German proposals are
vague. There is nothing tho allies
could raise one paper franc-upon
let alone a gold mark. The propo-
sal that Germany should pay an
nuities for five years Jby means of
a loan is disquioting. She is there
by mortgaging her income for the
years that como after to pay the
annuities of the first five"
The premier spoke about the
| enormous sacrifices 1t would be
necessary for Germany to make to
pay the annuities for the first five
years and added;
This year we have a million un-
employed as result of the war,
Ibut we have to find for paying our
debt charges and pensions and dis
liability allowances five hundred
million sterling. If Germany car
ries out this year the Paris propo-
sails, she will have to find one
hundred and twenty million ster-
the sum Great
Britain alone has to find.
France, in addition to war
charges and pension list has to
find twelve billion francs for re-
pairing her devastated area. Ger
many therefore will have to find
this year one-ninth of what France
has to find and we are told that
the effort Germany puts forth is a
colossal sacrifice. 1t shows Ger
many has not realized the essential
facts Of the situation
The allies could not enter into
discussion upon the basis that Ger
many was not responsible for the
war, he declared. The Paris pro-
posals, he said, represented con-
sidera BILE abatement of the full
Iolaims but that abatement was
made to secure a settlement.
1--WE are willing to discuss with
| Germany the length OF the period
of annuities.''. he continued. 1--WE
are willing to discuss any other
lmethod besides the 12 per cent tax
for adjusting the annuity to Ger
man property. DR.. Simons is not
really in position to negotiate,
he is returning to report to public
4 opinion. which is not ready to pay
this debt