The New York herald., 1922-10-30
GERMANY RESIGNED
TO ALLIED CONTROL
Wearies of Own Futile Eff
forts to Untangle Finan-
cial Difficulties.
GOVERNMENT HELPLESS
Wirth Admits He Does Not
Understand Complicated
Economic Problems.
NATIONALISTS PROTEST
Majority, However, Puts Hope
in Visit of Reparations
Board To-day.
NATIoNALIsTs PROTEST

Special Cable to THE New YORK HERALD.
Copyright, 1923, by THE New YORK HERALD.
New York Herald Bureau.
Berlin. Oct. 20.
The Reparations Commission will
find the German Government without
any definite plans for solving the
reparations problem. After months
of fruitless deliberations the Cabinet
to-day is holding a long Sunday ses-
sion to study further measures against
speculation by which it is hoped to
assure the Allies Of Germany's good
intentions.
The Preparations Commission will
arrive here tomorrow. That the Ger
mans look forward to some sort of
financial control, with more hope than
fear. is a fact. for they are wearied
Of their own futile efforts to improve
the situation and dismayed by the
marks fall. The German Govern
ment's invitation to foreign econo-
nists to come to Berlin and study the
situation is more to impress the Allies
Of Germany's good will than in ex-
pectation that they will find a remedy
for Germany's financial ills.
Nationalists ResentfuI.
A section of the German nationalist
press resents financial control by the
Allies. one of these newspapers saying
that sit is a scandal that German
statesmen have not long since rejected
allied financial control and enslave-
ment." But it is significant, however,
that most of the German newspapers do
not oppose financial control, although
there is wide skepticism about what con-
troll the Allies could exercise that. would
stabilize the mark without first reducing
the reparations.
The German Government practically
has given up struggling with finances
and is cropping for ways to avert the
political consequences for failure to
meet the reparations obligations. A
deadlock has paralyzed the Cabinet,
making effective action impossible. Ger
man manufacturers. startled by the
abrupt drop in the mark and having no
hope of influencing the Cabinet where
Socialists predominant. are Inclined to
welcome some sort Of financial control
by the Allies.
The attempt to prevent speculation in
fcregn securities has practically failed
because the Socialists demand further
extension of police power and state con-
troll of private business, while the banks
and industries resist. The situation is
further complicated by the feebleness
of the Government. Andreas Hermes.
Minister OF Finance. has been absent
unit. to-day, while Chancellor Wirth has
been trying to deal with the economic
problems. which, he admits. he does no.
understand.
Calls Government Headless.
The Hugo SHINES organ. the Deutsche
Allegenieine zeitung. says: I'VE have a
headless Government in which a Social
ist Minister of Commerce holds aloof
from industry and the Chancellor is try
ing to act as Minister OF. Foreign Affairs
while overburdened with chancellery
problems"
The slump in the franc has aroused
hopes that the French will now see thai
Germanys failure to ray Is only one
phase OF world economic problem
which 1t is beyond Ge-many's power TO
settle alone. or this the Boersen Zei-
tung says THE fall in the franc shows
the connection between, Frame and Ger
many proving that France should not
further Germany's economic destruc-
ton"
A writer In the Catholic party's or
gan, Germdnta, attacks TIE National
lists who oppose further reparations pay
ments, saying: "The period OF military
threats has passed. The time has come
for both countries to study and agree
on the limit of Gefmanys ability TO pay.
Germany should show willingness to
fulfill
Bread Lonn for Germany.
BERLIN. Oct 29 (Associated Press) -