New-York tribune., 1922-03-22
Payment of 100000 900
Gold Marks and Also
1850, 100000 Marks
in Materials To Be Made
TeutOns to Yield
Reichsbank Control
Reparation Commission
to Dictate Amount of
Internal Taxes Levied
By Wilbur Forrest
Special coble to The Yr.,u.s

Copyright. 1922. New York Tribune Inc,
PARIS, March 21.-The Inter-
Allied Reparations Commission to
which the Entente governments
passed the responsibility for fixing
the conditions surrounding Ger
many's war bill payments, tonight
decided to grant Germany mora
torlum for the instalments due in
1922, though under conditions which
literally place every department Of
the Berlin government, including the
Reichsbank, under the eyes of the
Allies.
To obtain this moratorium. Ger
many must turn over to the Allies
about 72O,000,000 gold marks in cash
and materials valued at 1,45O, 900, 900
gold marks this year in lieu of the
2,O00,000,000 gold marks called for
under the terms of the London ulti-
matum.
Allies Control Revenues
In return for this reduction Ger
many is ordered to levy and collect
internal taxes to an amount fixed by
the Reparations Commission to ALLOW
unhampered Allied supervision of i'm
ports, exports and virtually all other \
revenue producing agencies, and sub
nit generally to control by the Allied
commissioners of all her internal fiscal
affairs.
: II Germany fails to live ur 70 these
CO. sitions the commission warns that
saie penalty will be the withdrawal os
the moratorium. reimpositon of the
original schedule of payments-this
means 2,000000,000 gold marks plus
26 per cent Of the value of all exports
and the application of sanctions sufi-
clent to enforce payment of this total.
The decision of the Preparations Com
mission has been communicated TO the
Berlin and Allied governments and sn
immediate choice must be made
The task Of supervising German
financial affairs will be assigned to the
Allied committee of guarantees, which
is already q part of the machinery de-
vised to collect the war bill, but which
to date has transacted most of it's
business in Paris, where its headquar-
ters has been maintained. Members
of this body have made only occasional
trips to Germany heretofore.
Committee Goes to Berlin
The committee from now on will Be
located permanently in Berlin, with
agents in whatever parts of Germany
are necessary to keep the German bud.
get balanced, limit the issues of paper
money, watch the evasive capitalist
who unlawfully tries to deposit his
money in foreign banks. supervise the
Berlin governments efforts to re
patriate German capital abroad, and
keep books for the Berlin government.
headed by a Frenchman. NJ. Auclere.
and all of the Allies except the United
States are represented on it.
The decision of the Reparations Com
mission came late this evening after
several days of debate. in which two
policies were considered The first was
for a moratorium that left ali reforms
in the hands of the Germans them
selves with penalties attached, and tho
second, which was finally adopted, WAS
for a moratorium under strict Allied
control.
The conditions laid down were thoss
agreed upon by the Allied Premiers
at Cannes after hearing read long
ihcuiol oHNuui AioiH tifS NcIiio &HdIA-
cellor and an eight-hour address by
Walther Rathenau, German industrial
Isl, explaining that it was impossible
for Germany to meet the gold pay
ments required by the London schedule.
From, The Tribune's Washington Burear
WASHINGTON, March 21.-News Of
the demands made by the Allies in
case a years moratorium is to be ex-
tended to Germany stirred the Admin
istration tonight to the imperative
need for America to have voice on
the Reparation Commission. No hint
as to the exact Administration view OF
the terms demanded could be obtained.
Every one reached, after receipt of
cables, laid stress upon the necessity
of this country having some measure
of control over questions, the settle
ment of which naturally would have
profound effect on almost every con-
ceivable activity in this country.
France Pleads for u. s.