Evening star. [volume] (Washington, D.C.) 1854-1972, 1922-01-09
FULL PREPARATION
SEEN AS HOPELESS
Supreme Council Seeks to
Satisfy France and
j Save Germany.
BY HIRAM II. MODERWELL.
~ Cable to The Star and Chicago Daily News.
inl,t


BY Cable to The Star and Chicago Daily News
Copyright 1922.
CANNES, France, January 9.-To-
day the supreme council is discussing
some settlement of the reparations
question which will assure the
economic security of Germany while
giving France sufficient reparations
on paper to mollify the chamber of
deputies and French voters. Full
reparation for the French war losses
is regarded as hopeless. but eHorts
are being made to put anairs IN the
best light.
Today's negotiations are being
made on the basis of the tentative
agreement sketched out last montn
in London. 1t is not expected thae
vital changes will be made. Accord
ing to this plan as revised by experts
here Germany will pay only Sl66-
100000 instead of s476.0OO.0OO this
year as provided under the existing
reparations agreement. and France IN
1922 will receive, including money
and commodities, only some $6O0,oOo
900 toward her budget deficit OF
$3.200. 100000.
The Preparations settlement, after
being several times revised and hav-
ing the items juggled many times is
infinitely complex. but the certain erect
is that Germany Will pay only
small fraction of the amount con-
templated under the treaty OF YER
sailleS.
French Are Uneasy.
The French are perplexed and un.
easy over NJ. BRANDS acceptance OIL
an economic conference that Will m
clude Germany and soviet Russia. but
they point out that the acceptance
includes important reservations.
These may vitiate the entire effect
of Lloyd Georges resolution. tnls ue-
pending on the political situation IN
Paris after Brands return. The res
olution, although it seems clear. con-
tainS wide margin for bargaining.
For example. the parasraph whicn
demands that Russia shall recognize
all public debts or Obligations unaer-
taken by the state, municipalities or
other public bodies and compensate
all foreign interests for losses caused
by confiscation. might mean various
things. The following may be emu
merated:
Repayment in money (Whlch is re-
garded as impossible).
Restoration of shares with payment
of deferred interest twhlch the
sovietS cannot accept without falllng).
Concessions of such properties to
the original owners for limited
term.
A lump arrangement for partial in
Identification after deducting losses
caused by various invasions sup
ported by the allied governments
Must Bargain With Soviet.
Concerning these interpretations
the allies must bargain with the
sovietS. The French will demand
the first and second interpretations.
The English will probably incline to
the third and fourth. as they are APP
parently planning that the indemni-
fication shall be secured by the prof
its of the proposed consortium. The
French consider that the soviets
position is SO precarious that they
must accept any terms: the English
fear that if Lenin is pushed too far he
will be overthrown by the extreme
party. which will plunge Russia into
anarchy for many years.
These serious differences may be
fought out at the Cannes conference
or at the Genoa conference. At any
rate. they are all unsettled at the
present time.