Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1921-02-17
GERMANY LIMIT
s35,OOO,0O0,OOO
Preparations Maximum Fixed,
Says Leading Berlin Paper.
ALL THE COUNTRY CAN PAY
Berlin Plans to Call in the United
States as Arbiter in Case OF
Break at the London
Conference.

Berlin, Feb. 12.-The ministry Of
finance has reached the conclusion
that the utmost sum Germany can pay
in PREPARATIONS is 10000, 600, 900
marks 1885, 100000 900, estimating the
mark at normal (gold), 23.S cents1,
this including all she has so far paid
In cash and goods. according to infor-
nation which the Deutsch Zeitung
says it has received from a special"
source.
This 10000, 100000 marks would be
paid off in 80 years, under the plan
outlined by the newspapers informant,
who also Is quoted as declaring that
the proposal to pay it would be SUBJ
mitted to the authorities at Paris for
! the purpose of learning whether the
London conference on reparations, set
for March 1, will permit of it's consid-
Grafton along with the allies pro-
posals adopted at the recent Paris
conference. (The Paris PREPARATIONS
terms call for payment by Germany
of $53, 1888, 100000 and II per cent
IuA Ou CApOA 10 uuIIlS r. yCdIS.J
Would Call in United States.
Refusal to allow consideration Of
the German counter-propOsal would Re-
suit in Germany's absenting herself
from the London conference, the news
paper declares it has learned. 1t adds
that Germany would then suggest that
the United States be called in as an
arbitrator for the purpose of prevent
ing the allies from adopting meas
ures such as an invasion of the Ruhr
district, which 1t declares would be
looked upon by Germany as an act Of
wal which would positively destroy the
treaty of Versailles.
The suggestions that the United
arouse enthusiasm in the conservative
industrialist organ, Die Post, which
expresses fear that the American YER
dict in deciding on sum between that
submitted by Germany and the allies
figures would be more likely to in
cline toward the sum the allies are
demanding.
Belief is expressed by Die Post that,
even if this reputed offer by Germany
were to be accepted, she would be af-
fixing her signature to an obligation
which would be impossible for her to
meet.
Explains IL Per Cent Demand.
Paris, Feb. l4.-Louis Loucheur,
who, as minister of the liberated re-
,gions, assisted Premier BRAND and
the other members of the allies SUI
preme council in fixing the German
reparations, explained his definition
of Germany's payments In her ex-
ports.
1T seems that the terms of the
variable annuity of II per cent on ex-
ports is imperfectly understood
abroad" he said. ut never has been
the question to create or Oblige Ger
many to create tax upon exports.
What was sought was to establish
Germany'S capacity for payment.
Therefore, we divided the annuity into
two parts-one fixed, which is an ir-
reducible minimum that has been es-
tablished upon figures close to, al
though below. those prepared by the
American experts during the peace
conference, which always have been
regarded as the least Germany must
pay. The second part of the annuity,
called the variable, is to be calculated
at the close of each six months period
by taking II per cent of the total ex-
ports during the six months.
"In a word, it Is method of cal
culating the annuity upon Germany's
economic development"