Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-08-22
RANCE FIRMLY
DETERMINED To
MAKE GE ERNANY
PAY WAR BILLS
A. Poi0caire Says His
Country VIII Act Alone
Rather Than Depart
From Fixed Intention,
PREMIER OUTLINES
PREPARATIONS POLICY
Necessity and Justice of the
Payment of Reparati0nS
Are Outlined in Speech at
Bar lie Due,

Bar lie Due, France. Aug. p (bv
the Associated Press. France a.
firmly determined to make Ger
many pay for the devastation she
! caused in the war, and rather than
| depart from this fixed intention,
! she will act alone, Premier Pom.
care declared at the opening meet
ling Of the general council of the
department of the Meuse today, IN
la speech generally regarded as the
complete official declaration of the
French reparations policy.
The necessity and justice of the
payment of reparations by Germany
were emphasized by the French
premier. who placed the blame for
the present situation on the attitude
.of the commission of reparations
and the failure of Great Britain 70
understand the desperate plight Of
her allies and the need for the
payment of the indemnity.
NJ. PoinCare recited figures in an
effort to prove that Germany was
responsible for her own collapse
and had deliberately failed 20 live
up to the demands of the reparl-
.tions commission. lie vigorously
denied that France sought to en-
slave Germany in revenge foe the
devastation of war
Premier POincare held ~. The
hope of German and French CO.
operation with both nations work.
ing together some day, il Germany
would change her tactics and do
her best to repair in peace the
damage she caused in war. France
was eager to cooperate with her
allies, he said but would take in
dependent action rather than be
deprived Of her just compensation.
The premier spoke at length OF
the divergent courses now being
taken by France and England. He
declared tht ii was only natura
that nations, like people, should
think first of their own interests,
France could not continue to bear
the burden of all the allied COM
promises, he asserted. He went on
record as advocating an allied con-
ference for the settlement of war
debts, which would be attended by
all the nations interested, without
exception" The latter phrase was
taken to mean that he referred to
the United States.
Budget Not Balanced.
In discussing the depreciation OF
the German mark. and the attitude
of Germany toward the rcparations
question, NJ. PoinCare declared u
was a we'll known fact that Ger
many had not met the greatly re-
duced schedule of payments adopt
ed May 5, 1921, that she had not
lived up to the deliveries Of coal
and wood demanded by the rep
arations commission and that since
the armistiCe Germany had not
balanced her budget.
1t was further proved, he ad-
ded, that Germany had deleber-
ately deprecated the value of her
mark through the reckless print
ing Of paper marks. In the face
of all this she had appropriated
large sums for public imrovements
and issued generous subsidies for
the profit of her nationals.
"All these series of proofs give
the categoric lie to the German
position" he declared.
Ravaged France, he asserted.
during the tnfee years VI l'A5
1921. had paid abroad through
her adverse commercial balance
and otherwise. $4,000, 100000
francs, while Germany paid only
$4,000. .0O0,0 900.
Cause OF Marks Fall.
This simple comparison" he
"is proof that the fan
Of the mark is certainly not due
to the causes described by Ger
many. but is due, according to all
the evidence, to the feverish print
ing of paper marks, and the ex-
portation Of capital"
Attacking the position of the repa-
rations commission, NJ. Poincare as
serted that the commission, in all
reason aid logic should already
have said to Germany on several
occasions: you have failed in
your elementary obligation, and
will propose to the allies that they.
impose upon you the
necessary penalties"