The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-02-01
PREPARATIONS
REGARDED AS
IMPOSSIBLE
Germans Look on Terms as
Fantastic-General Opinion
is That Government Cannot
Agree to Them.
ARE CALLED MADNESS
tBy Associated Press)

tBy Associated Press)
BERLIN. Feb. Germans regard
the reparation terms decided upon by
the supreme allied council in Paris
last week as fantastic and impossible
of execution. and it is the general opin-
ion the government cannot agree to
them.
The cabinet, which received the
text of the allied note yesterday was
in executive session until late last
night and the note was not released
for publication until too late for edi-
torial comment
Madness" is the term leaders of
the reichstag used in discussing the
reparation conditions. Foreign minis
ter Simons declared the execution of
the terms would produce chaos. not
only in Germany, but throughout Cen
trail Europe as the bankruptcy of Ger
many would also bankrupt part of
Germany's war creditors, among whom
is France.
Look To America.
1T is greatly 10 be deplored,'' ne
continued, that the Great American
nation was only a bystander during
, the negotiations concerning repara-
tions at Paris. The settlement or this
! question determined the fate of tho
worlds economics and of world cul-
hture.'
! Hurbert Guttmann of the Dresdener
bank said: THE reparations figures
are absurd, and the tax levy on ex-
ports is absolutely beyond understand
ing. The latter would kill Germany's
export bushes sand how does the en-
| tente expect Germany to pay if she
cannot export her products. 1t is in
conceivable that America and England
will permit Germany, their best Gus
toner to be ruined by the enforcement
OF such terms
decline toward the close of yesterdays
session of the Bourne, when the terms
became generally knU.Jn.
LONDON, Feb. lit will be i'm
possible for Germany to pay the
amounts fixed for her reparation debt
to the allies by the supreme allied
| council at Pals last week. says Prof
John Maynard Keynes, principal rep
| resentative of the British treasury at
! the Versailles peace conference.
| He argues that Germany, to have
! surplus exports worth G200,0O000o.
must have total exports worth at least
C 00,O0O.OO0. Twelve per cent of this
amount "Oulu De - 04,tUU,UUU anu
| therefore, he says that with G700, 600
| 600 of exports yearly against G500
| 100000 in imports she could just pay
fixed sum of 9116,000,000 plus
! GS4,000,000, making total of
! 100000, 600
Great Reaction.
That is to say he continued,
! trade on this vast scale would be re-
! quired to pay the minimum annunity
of G100,000,O00, plus the export per
! centage If the Proposals are more
| than wind. they mean a complete re-
! organization of the channels of inter
national trade. If anything remotely
| like them should really be intended 10
! happen, the reaction on British trade
and industry would be incalculable 1t
is an outrage that the allied leaders
| should have dealt with each other by
! using the methods of a poker party"
| Norman Angel, author. lecturer and
! peace advocate is quoted by the Daily
| Herald organ of labor as having char
acterized the reparation demands on
! Germany as ''eye wash. pure bunkum
and fantastic rubbish"
of course" the interview continues
/ there will be a hitch the first year.
.and the second, and the third, until the
/ map Of Europe is entirely altered
and alliances are rearranged."
| HAMBURG, Feb. lit is now i'm
! probable that Foreign Minister Simons
will reply to the reparations demands
i decided upon at Paris last week by
resisning from the German govern
ment, says the Berlin correspondent of
the Fremdenblatt of this city