The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-10-21
GERMAN CONTROL
ASKED BY FRANCE
Replies to British Note
That Germany Can Pay
\for World War
LATEST FRENCH PLAN
Place Nation on Gold Basis (;
stand Together and Refuse
TO Show Mercy

PARIS, oct. 20.-Complete and
rleid control Of all German finances.
rawer TO veto expenditures and reg
Mate taxation and authority to die
fatc the arrangement OF the budgets
az the various German states are
among the chief proposals contained
boz the plan OF the French govern
usut for n solution of Germany's
financial difficulties and for placing
that country in a position TO meet
her reparations payments.
The plan was submitted TO the
reparations commission tonight by
Louis R.rthou, the French represeu-
tatlye ON the commission, and dis
russion OF the project Will begin to-
morrow. AlNough not mentioned in
the official summary. NJ. Barthou's
plan contemplates n tseeting of lead
ing business men Of the world to de-
tormine Germany's capacity to pay
and to consider the question of inter-
allied debts.
Reply 10 British Project.
The plan, in effect, Is IA reply TO
the British reparations project re-
Gently placed before the commission
hy Sir John Bradbury. II differs
radically from tho British POINT OF
view. NJ. Barthou urges the calling
OF a Brussels conference to deal with
a broad reparations settlement and
allied debt and the question Of Ger
man payments in 1928 and 1924.
France would limit the powers of the
.reparations commission to the ap-
'plicatlon Of new guarantees and re-
iorms for Germany, leaving the more
comprehensive issues TO an inter-
national meeting.
Hrf.. ,,v.A.gfffA,, ,VaY1I Ina iy
nut Germany on "A gold basis. begin
ming with an issue of gold treasury
securities. NJ. Barthou would have
iermany pay her outstanding obliga-
tlons In paper currency, and he cali
,ulates that then Gcrmany's paper
circulation would be 10000, 900, 900
marks. which at the present rate of
exchange are worth less than the
reichsbank's gold reserve.
The moment has come, according
20 NJ. Barthou, when the allies must
take energetic steps or else be faced
by Germany proclaimed before the
world as a ruined nation, despite the
fact that her actual capital Is in
tact.
Know Germany Can Pay,
1--WE don't accept the contention
that Germany is totally incapable OF
paying" says NJ. Barthou In his plan
Despite Germany's enormous budget
difficulties, she retains tremendous
riches and has great strength TO con-
tinuo production and maintain her
national vitality"
The French plan would 20 In.
tcrpret the theory OF prohibition OF
Interference in Germany's interna
affairs as to permit this radical con.
troll of German finances.
The budgets fthe various German
states would be supervised thorough
ly TO prevent extravagances, regulat,
expenditures and make provisions
for indemnity payments a commit
tee would be permanently estah
lshed In Berlin and would hav,
charge OF the carrying out of al
new reforms. In case Germany
should refuse Immediately to oh
serve the new demands, she would
be declared in voluntary default by
the commission under the provision
OF the treaty OF Versailles. A mini
mum OF receipts would be fixed anC
maximum Of expenditures for Ger
many would be set, and German!
would be required TO float interna
tional loans at an opportune mo
ment, Neither the government no
the states would float loans withou
allied authority.