The evening world., 1921-02-01
CABINET AND REICHSTAG
RESIST ALLIED WAR BILL;
DENOUNCE It AS MADNESS
Minister SimonS Threatens to
Resign as Protest on
ReparationS.
REPROACHES AMERICA.
Complains Because u. S. Is
Acting Part of a Mere
ByStander.

BERLIN, Feb. 1.-The German Cab
met which received the text of the
Allied note on reparauons yesterday,
was in secret session until late last
night It is reported that Foreign
Minister DR.. walter simons may re-
sign.
Madness is the term leaders OF
the Reichstag used in discussing the
roparatlons conditions. DR.. Simons
declared the execution of the terms
would produce chaos, not only in
Germany, but throughout Centra
Europe. as the bankruptcy of Ger
many would also bankrupt part o
Gormany's war creditors, among
whom is Franco"
1T is greatly to be deplored." he
continued, that the great American
nation was only a bystander during
the negotiations concerning repara-
tions at Paris. The settlement OF this
question determines the fate Of the
worlds economies and Of world cul-
ture.'
DR.. Simons will tell the Reichstag,
the Boersen Zeitung states, that Ger
many cannot subscribe to the Allied
reparation demands on the ground
that they are not possible OF fulfil
ment.
The Foreign Minister will explain
how the impOssibility of reaching a
settlement presents itself to the Ger
man Government, and will declare
that the invitation to Germany to at
tend the conference in London can
only serve a useful purpose and give
promise OF success II the negotiat ons
are to deal with tie possible and not
with the impossible.
It is rumored negotiations are pro-
ceeding with the Majority Socialists
and German Nationalists for the pur-
pose OF inducing them to enter the
Government in the hope OF creating a
united front from Right 70 Left. In
any event, it appears certain the
| Majority Socialists viii stand firm
behind the Government in is Opposi
tion to the Entente demands, even II
t. ey cannot bring themselves to ac-
! tually enter the Government
! The German mar. showed a sharp
decline toward the close OF yester-
days session OF the Bourse, when the
terms became generally known.
LONDON, Feb. lit will be impos-
sible for Germany TO pay the amounts
fixed, says Prof John Maynard
Keynes. principal representative OF
the British Treasury at the Yer
sailles Peace Conference. He argues
that Germany, to have surplus exports
worth f20O, 900, 900, must have total c&-
rorts worth at least f7OO, OC0, 900
Twelve per cent OF this amount would
be Es4, 900, OOO and, therefore, he says
that with f70O, 900, 900 OF exports yearly
against $500, 100000 in imports, she
could Just pay a fixed sum Of fll6 900.
OOO plus $4,000, 900, making a total Of
f20O, ,OOO,O00
THAT is 10 say" he continues
''trade on this vast scale wo uld b'
required to pay the mipimum an
nuity Of Gl00,0OO,OOO plus the ex
port percentage, II the Paris propo
sails are more than wind, they meal
complete reorganization OF tn
channels OF international trade.
anything remotely like them shoult
really be intended 10 happen, tn
reaction on British trade and indus
|. try would be incalculnble. II Is al
outrage that the Allied leaders shoul,
, have dealt with each other by usinc
the methods Of poker party"