Evening star., 1922-07-16
The Story the Week Has Told

which would fnd their account in German
bankruptcy. this sor that). the paper marx
recently went tobogganng again, reaching the
quotation of one-fifth of cent Whereupoh
the German government sent two represents
tIves to Paris to beg that more money be let
off from fuNther cash payments to include the
year 1924. The reader will doubtless remem--
ber that under present partial and conditional
moratorium the Germans are required 70 pay
72O.o0O000 gold marks tapproximately; Sl12.-
less the reader also knows that the French
government has raised by domestic losns .ne
,Se same for Hd and must pay
approximately the equivalent OF S4oOvovoVo
pose to raise by domestic loans and to expend
for reconstruction the equivalent OF four more
Taey S" intend to ~.e'r be- reimbursed by Germany
these sums spent or to be spent Ior recon. recon-
The French say that a. the the
cious outcome Of "Germanys VIII not to pay;
that the very thriving CONDITION a,to o. ef I'm
paper mark; that II SHINES. stresemann ana
n other 1 Of the ed paf he
finance could quickly be put in the way OF
recoyerss that II quite practical remedial
carried out. the revenue yield would easily
supply the money for the payments called ,for tor
under the present reduced schedule. ana. after
no great interval for larger payment that; in
fact. the Germans are elaborateiy dishonest.
The reply. dated July Is. OF the reparauons
commission to the latest German plea for
more indulgence. seems to bear out at least
in part the French contentious: The com
mission is satisfied that the reparations pay
ments are only one. and not the most I'M
portant. Of the causes Of the present deprecia-
ton of the mark. and that stability can only
be definitely re-estabished IL the financial re-
forms which the commission has for a long
time demanded are Immediately put In force"
noweysr "Se oa continues the note though id the the
fore August l5 when, the next instailment
falls due. the question of further indulgence
the seriousness OF the situation described In
the German note demands"
Within a few days the commission should
tee of guarantees which committee is now in
alton and how far the German government
has proceeded III fulfillment of the pledges it
arum now in a oud
show. among its more important items. the
value val. , Of German exports tpr Rathenau said
ing only rs per cent of the 1913 averase) and
the cost of foodstufs imported by reason of
impoverishment of the soil and loss of agri-
cultural districts through the war. The re-
port should, in fine. furnish the data neces-
sary to proper estimate OF the situation one
entirely fair to the Germans
United states Of America.-The representa-
tjves of operators and miners in the union
coal fields. bithuminous and anthracite. arriv-
ing nowhere In their conferences the Presi-
dent summoned them again to the White
House on July 10 and presented them the fol-
lowing proposal:
Mine workers to return to work
the scale of wages which expired last March
81. and mines now idle because of strike or
suspended operation to resume activities. with
out interference with activities of mines now
working. the 1922 scale to be effective until
August 10, 1922
"A coal commission to be created at once,
consisting of three members selected by the
mine workers. three members selected by the
mine operators and five members to be named
by the President. All decisions by this COM
mission shall be accepted as final
This commission to determine, II possible
within thirty days from today. for the miners
strike temporary basic wage scale which
scale shall be effective until March l, 1928. In