Every evening, Wilmington daily commercial., 1921-02-02
INDEMNITY PLAN
Continued from page !

DR. Sjmons declared In the Reichsfag
that the government would refuse to
negotiate on tho basis OF the Entente
decisions regarding reparations ana
would formulate counter proportions
His position was supported by ail the
party leaders, except the communists,
who heclsled and jeered him when he
concluded speaking.
Or. Simons said the German govern
ment was unable either to refuse or
agree to participate in the forthcoming
London conference because IT had not
yet been invited to send representa-
tives.
It is rumored negotiations arc pro-
cecding with the Majority Socialists
and German Nationalists for the pur-
pose of inducing them TO enter the gov
crnment in tho hope OF creating n unit
ell front from right TO left. In any
event, Il. appears certain that the Ma
lority Socialists will stand firm behind
the government In its opposition TO the
Entente demands even II they cannot
bring themselves actually to enter the
government,
The Berlin newspapers are aa one In
voicing the opinion that the reparationa
conditions IA laid down by the Allied
commercial death kne1l of the German
nation and the economic ruin Of Central
Europe. including France Belgium and
Italy. The press. however. docs not
presume to advise the Cabinet as 90 It's
course in this crisis. reaching tho con
clusion. as one of the newspapers eX
presses II. that Germany lis powerless 10
oppose this Victory-madness
Some Of the conservative organs dis
cusainK the probable effects Of the en-
forcement conditions. suggest TINT theY
would leave Germany a piaything TO the
extremists.
The newspapers display particular
animositY against the provision for a =
per cent tax upon German exports.
This proviso Norwaerts doclarea VIII
In five years time force tho world 10
desire free trade
Paris, Feb. .. Tho Council of Min
listers met yesterday. with President
Niilorand presiding, md heard the res
suits uf the Paris conference Of tho
Alice presented bN Premier Rriaud.
President Mrlerand expressed his com.
/ pl,te satisfaction with the outcome and
/ warmlv congratulated the Premier and
/ hls colleagues
London. Fcb . II VIII be impossible
| Tor Germany t. pay the amoanfF fixed
/ for her reparation debt to the Aliea -
/ tin Supreme Council NJ Paris last week
/ aaxR Irof. John Maynard keynes. prin-
/ rfpal representative If the ifritish
+ Treasury At the Versailles Peace CON
+ ference lie argues that Germany. e
/ have surplus exports worth 100.oo0.0ol
/ pounds. must have total exports worth
/ at least zoo .o0o 600 pounds Twelve pei
/ cent of this amount would tie 81 4.000..
/ o4p pounds, and therefore. he says that
WITH GOO 600 900 pounds If exports year
/ II against 500 .0o00oo pounds IL i'm.
I ports. she could Just ray dxed sum oi
ll6.ooo.0oo pounds plus $1,000. .ool
/ pounds making a total Of o0,o00 .oot
/ pounds
This In TO say" he continues. trade
on this vast scale would ~ required L
pay the minimum annuity of 800.
/ oua. 00o plus the export percentage. II
! thc Paris pruI Iuaala arc more ihHn wine
they moan "A complete reorganization u
/ the channels of international trade i
/ anythnE remotely like them ahoule
really he intended t. happen the reac-
tion on British trade and industry
vauld bc ineai,ulpblc TT is an out
I rage that the AIlled 4e.lueFs shouid hAN'
dealt with each other hy uAng th'
methods CT poker party
Norman ANGEL, author. lecturer ane
| peace advocate. is quoted by the Dali,
Herald organ of labor, as having char
acterized the reparatons demands OF
Germany as eye wash. pure bunkun
and fantastic rubbish"
.Of course the interview continues
There will b4, n hitch tho first year an,
tn, second. and the third, until the ma
81 Europe is entirely altered and a.
Hait0es are rearranged