Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-04-27

proposes to pay the allies an indem-
nifty extending over a number of years
which will amount to 100000, coo, 600
gold marks. equivalent to about $50
OOO.OOOOOO: she will cooperate to her
utmost in the reconstruction Of dew
astated regions: she will place imme-
diately at the disposal Of the rcpara-
tons commission 1000, 100000 gold
marks; she ID willing to assume the
allied ohligatSpns 10 the United States.
and she will issue an international
loan, the proceeds Of which viii 60 to
the allies. s,..s,-
HIsss % cosditioas.
But, in return, she makes the COM
dition that the present system Of pen-
alties shall be discontinued immediate
"; that she be given freedom of tradd
and that she be freed from '.all un-
productive outlays'' now imposed ON
her.
The German foreign minister, Dr..
Simons, explaining the counter pros
posals In the reichstag declared that
the new offer sent through the United
States must not be taken ION the
basis of an increase over the previous
German offer, but only on q different
basis"
The new step had been taken by
Germany, the minister explained, not
from fear of new penalties, but owing
entirely to the false views entertained
abroad regarding the reparations ques-
ton. President Harding was appealed
to on the principle of justice, and the
American answer awaited at any mo-
ment.
Text Of Note.
The text of the note forwarded bg
Germany to the United States for
transmission to the allies concludes
with the following points:
11ermany fixes her total liability
at 5nOOo,OOO.O0O marks gold, payable
N N suitable annuities to total 2O0,OOO,-
100000 gold marks.
2-Germany will Immediately issue
an international loan in which she will
and of which the value.
rate of interest and scale of redemp-
tion shall be subject to agreement, the
of the loan to be put at the
disposal of the allies.
3.-Germany viii pay. according to
her capacity in labor, interest and re-
iemption. the total sum to be paid
which is not covered by the information.
u loan: she considers in this connec-
ion that it will be possible to paw
'nly four per cent annual interest.
Aid Devasted Areas.
4.-Germany is disposed to permit
he allies to share in an improvements
# her financial and economic situa-
ion. The redemption of the remain-
ng sums will have to take. therefore.
variable form, depending upon an i'm
1t would be necessary to
RAW up a scheme to be placed on an
ndex to be used should the situation
.ecome worse. r."
5.-In order to clear herself as
uickly as possible Of the balance Ger
many is willing to cooperate with al
er strength in the reconstruction OF
he devasted regions; she regards re-
obstruction as the most urgent basis
t reparations and the most direct
emedy for mitigating the hardships Of
he war and the hatred between the
eople. She will reconstruct towns,
illages and townships designated, or
cooperate by supplying labor and ma
erial, or in any other way agreeable
D the allies.
with the same object in view.
is disposed to pay in kind
) states which were victims Of the
ar. in addition to reconstruction, ac-
Drding to a scheme as far as possible
urelv commercial.
Tin order to give undeniable proof
her good faith, Germany is prepared
to place at the disposal
the reparations commission 1.OOO.-
DO, 900 marks. comprising $50, 900, 900
i gold and silver in foreign exchange
nj 850OOO, 600 gold marks in trea-
onths in foreign exchange or for
IN securities.
SIN the event the United States,
ID the allies 90 desire, Germany Isl
lRng, according TO the. extent OF her
,ility and capacity. to assume the al
ID obligations to the United States.
PN1voe Public neveaae.
0.-GeEmaNy proposes TO negotiate,
|th tt asd stance OF experts, % to u
4 waY II hieh German deliysria1