The New York herald., 1922-12-17
Berlin Banker Says Country Is
Prepared to Suggest Final
Settlement.
ATMOSPHERE CLEARING
Asserts American Proposal
Will Greatly Aid When Pre-
~miers Meet Next Month.

Special Cable TO THE NEW YorK HErALp.
Copyright, 1919. By THE New yonK HERALD.
New York Herald Iureau.
Berlin. Dec 16.
"The American proposal for an in
ternational loan came just when the
time was ripe for Germany to make
offers for a permanent settlement of
the reparations question. 1t has been
impossible to do so before said one
of Germany's foremost bankers to THE
NEw York HERALD correspondent to-
day. Like every other banker, indus
trialist or Government official, the in
fornlant refused TO allow his name
made public, because the situation is
considered the most delicate that has
arisen since the war.
Explaining his implication that con-
ditions had changed he declared II
was result of the fact that the Lon
don conference, instead of a failure,
was complete success.
Germany went to London equipped
with a program Of temporary relief
from the impending aggressive action
of France the financier continued.
THE conference caused an extensive
clearing of the atmosphere in that
coercive measures were largely aban-
doned. That makes the time ripe for
putting forth plan for permanent
settlement when the conference re-
sumes In Paris. This is planned and
Will be the case; but with Americas
help 1t will be much simpler, for the
reported offer seems to be both finan-
cial and political.
Basis of Next German OHer.
"Germany's next offer will be based
upon the fact that Il needs money for
three purposes: First. II Is only just
that France should have something i'm
mediately and enough to relieve her
financial difficulties: second. a certain
amount Is necessary to stabilize the
mark and. third. TO bring the budget
nearer a balance.
1.-THE question OF the gold reserve In.
the Reichsbank ~ not Important, for
II will have to be used one way or an
other. whatever plan is adopted.
Neither need he feared the attitude OF
the German industrialists. who, though
hostile now. Will be found aiding I'm
every possible way.
while do not consider the Amer
lean offer will entirely cure the Ills OF
Europe. or even of Germany. II Is an
effective beginning: and with confidence
restored financially the powerful neu-
trails undoubtedly will follow suit"
The banker expressed confidence that
France would be ready 20 make an
arnicable settlement, as he had been in
Paris recently and had found dis
tinct willingness among all groups that
really count 70 settle In n neighborly
way as our interests politically and In
dustrially are common. Nor will the
sword rattlers be able 20 prevent
settlement when the right basis is
reached"
In many quarters skepticisrn over the
American offer has continued. Tho
proposal has not created an atmosphere
of hopefulness. nut an atmosphere Of
less hopelessness." declared one big
business man. others explained that
20 all appearances the American bank
ers' offer had too many strings at
tached 10 n, especially those OF n poll
teal nature. by pulling which. they say.
America hopes to reform Europe.
Demands Party strife Cease.
80 long as party and class wransilng
expect American or any other bankers
to lend money" another business man
said THE Government cannot be
called stable and IN position 20 be In
trasted with huge funds when there arc
rumors II may be overturned at any
time. The verdict IN the trial ~ Maxi
milan Harden. where his political as
sailants were let Of almost scot free Is
an indication Of vast division In the
German people. Max Warburg one ~
the biggest bankers. was driven out OF
Germany by threats from the murder
faction that assassinated Or. Rathenau.
II Is hardly possible for the Jewish
financial powers 20 lend their aid 80
long as this batting continues"
The mark continued upward. rising
1 COO points In a half days trading, 20
6 $50 on the dollar. making practically
2, 600 points rise In week.
GREENBRrER. white Sulphur springs. IN