The New York herald., 1922-12-31
GERMANY RECKLESS
OF COUNCIL RESULTS
Insists France Won't Agree
to Reasonable Total Of
ReparatiOns.
GUARANTEES LIMITED
Cuno's Offer Is Reported to
Be More Argumentatiye
Than Definitive.
FEARS HOME SENTIMENT
Proposal Said to Be Less Than
10000, Marks Set
by Bonar Law.
by LINCOLN EYRE.

'S hh-sN NOhAs - Me-
Special Gable to Tup New Yosk HEsaLn.
Copyright, 1929, by TIE NEW YORK HERALD.
New York Herald Bureau.
Berlin, Dec. 30.
Germany is ready to offer less than
s0,000,00o,0 600 marks gold for a repa-
ration bill of $4,000, 100000 at the
Paris conference. Moreover, what
ever she admits she can pay is hedged
about with conditions such as even
Government officials believe can bring
no productive results. Entering the
conference in the most reckless humor,
believing the hostile attitude of France
will turn down everything, Ger
many Is hoping that the new pro-
posals will |be considered as the first
definite word for which the outside
world has been waiting.
The trainers of the proposals have
been discouraged by reports from
France and internal differences; and
as a result the proposals are more
arsumeptative than definitive.
According to information closely
guarded after the secret conference OF
Chancellor Cuno with the party leaders
to-day the principal hope lies In a
neutral commission to fix Germany's
ability to pay, which, as THE NEW YORK
HERALD has suggested, will continue the
second line trenches when the retreat
begins from the suggestion she will
oh 80 o1,
It is considered certain, will irritate
France.
1t is officially announced that Mr..
Bonar Laws figure OF $4,000, ,000, 900
marks gold is too high, and therefore
the initial bid in the international auc-
ton will be far less. The old demand
for a moratorium is said to be part of
the plan as well as n proposal for pay
ment on the installment plan. The Gov
ernment has drummed UP number of
guarantors, and Is prepared TO say
mortgages on national wealth. agricul-
turo and industry are behind the offer ;
but at the same time the guarantors
have stated plainly that, after certain
figure is reached, their acquiescence Is
all off.
Consequently. when Carl Bergman
makes bid and Is raised, he Will not
know how much money he has got In
his purse. DIR. Cuno will outline the
proposals Mt Il dinner In Hamburg to-
morrow night. but he has pledged Sec
recy concerning the amount Germany
will name to start the discussion.
BERLIN. Dec 80 (Associated Press) -
Germauy's new reparations proposals
are awaiting a summons from Paris.
which has not yet arrived. nor has II
been even formally suggested that such
proposals would be welcomed by the
allied Premiers.
Official quarters indicated tonight
| that although the Government was hold
| ing Karl Bergmann. the financial expert,
ready for an immediate trip to Paris,
| Chancellor Cuno would not impose hfs
program on the conference unsolicited.
The proposals are the outcome of three
weeks confidential consultations between
the Government and industrial leaders
! The industrialists pledged their support.
although they hold the program exceeds
Germanys present economic capacity.
! The most rigid secrecy has been OBJ
served in regard to the details for fear
! the proposals might be 'sabotaged In
advance" as It was put In official quar-
tcrs. Gossip in political circles is that
the program will indicate the maximum
Of Germany's capacity. although pay
nent will be made contingent on for
eign loan. the interest payments and
amortization to be guaranteed by the
German industrial. financial and COM
mercial world
Popular guesses as TO the amount OF
Germany's offer range from 2o.000,00o,-
600 to $4,000. 600 900 marks gold. 1t Is
understood the program will strive to
definitely settle the whole problem of
reparations.
zone cannot tako on new debts with
out knowing definitely what his old OBJ
| legations are" Is the comment of the
AIlgemehte ZeituRg on the bill intro
duccd In the United States Senate yes
terday providing. for an American credit
TO Germany Of $1,000, ZOO. (Thc bill,
introduced by Senator Bursurn, New
Mexico, would extend credit 10 Germany
up to $1,000. U00.0 goo. 20 be used In pur-
chasing foodstuffs In tho United states).