Evening star., 1922-11-06
Preparations Commissioners
Get Proposal for Loan of
100000 Marks.
FRENCH LISTEN POLITELY
Believe This Is Now Time to Sub.
nit Tangible and Definite
Propositions.
By the Associated Press,

, commission the negotiation Of an in
ternational loan Of 100000, 900 marks,
DR.. Hermes. the German finance min
lister, has taken the initial step to
! transfer the current pourparlers with
the entente's representatives from the
stage Of preliminary discussions to a
! concrete basis of negotiation.
, Neither party in the present con-
[ ferences so far has shown its hand,
/ the German government having con-
f! detailed recital Of the causes and
| effects of currency depreciation on
the nations finances. While M. Par
! thou and his colleagues on the COM
| mission are reported to have conduct
ed themselves as polite listeners to
by DR.. Hermes and his aides, they are
! alleged to have intimated that the
time was now ripe for receiving from
| the German officials tangible and pre-
| cisely formulated proposals.
Gives Notice Of Big Loan.
Tho first Of these was delivered to
NJ. Barthou today in the shape of a
memorandum, comprising two type
written pages stipulatinE pUd LII that Il Tor. ",
[ be hoated with the active co-opera-
| ton Of the Reichsbank.
| While the loan constitutes the crux
| Of Its initial proposal to the entente's
| representatives. the German govern
| ment will indicate, specifically. as
| relief. respite from gold reparations
payments and reduction of deliveries
| In kind and coal, the details Of which
| DR.. Hermes will communicate to the
| commission in the course Of this
weeks discussions.
T1.Sa ayy'e- <yt,v To- OF v,
| the necessity of an international loan
as an indispensable requirement for
| enectinE coordination of GermanyS 8
international finances, especially the
correction of budgetary equilibrium.
Limitation Of the floating debt and
rary exemption from gold payments
and levies on goods in kind and coal
| are named as necessary complemenlS
| to foreign financial relief.
! Berlin Bids for Meeting.
| Asserting that Berlin Is the most
logical place for holding the "Brus-
sells conference the Boersen Zeitung
declared that the reasons which
prompted the reparations commission
sufficiently cogent to impress all the
participants in the forthcoming con-
| ference that 1t should be held in Ber-
lin. and within eight days.
| The bourse mouthpiece expresses
the opinion that little would be ac-
marks. This sum. it says, would just
about suffice to build up the devas-
| tated areas. Il declares that an equal
sum would be required to carry out
the stabilization Of the mark, and
that the problem Of mobilizing the
International money lenders under the
| existing conditions in Germany also
acutely enters the situation.
! Further. the newspaper asserts. a
| question which deserves serious con-
be able to bear the colossal interest
burden attached to such international
! loans.
| Social Democrats Assailed.
! The wirth government is reminded
by the peoples party organ Die Zeit
| that of all the vanquished nations in
the world war the Turks and Hun
garians alone have succeeded in gain
ing an amelioration Of their treaty
burdens through energetic assertion
Of national dignity, unity, fairness
and courage. virtues which the social
democrats in Germany brought into
discredit because they are alleged to
| be anti-republican."
| Government officials and reichstag
leaders admit that the French attitude
lin connection with the present repara-
tions negotiations still Is Of an un-
known quantity. and that until NJ:
Barthou has shown his hand, all
speculation as to their auspicious
progress must remain idle hazards.
The neutral financial experts who
have been inve stigating the question
OF stabiliZing the mark will conclude
their inquiry tomorrow and submit
ttheir findings in Chancellor Wirth. Also
though this body, on which John r.
Keynes, Great Britain: Gustav Cassel
Sweden: Prof. Jeremiah jerks, United
| States, and other well known econo-
| mists are represented, has been hold
ing its sessions in the chamber Of the
ministry Of finance. not far from the
! room occupied by the reparations
commission, there has been no formal
contact between the two bodies.
By the Associated Press.
PARIS, November 6-The question
Of an interallied conference at Brus-
sells to settle definitely the German
! reparations question and to try to
( adjust interallied debts seems to have
como to life again through an agree
ment by Great Britain to have dele
gates attend some time in December.
NJ. Poincare. the French premier
consistently has been urging con-
ference and expressing assurances
Belgians lately have despaired OF
such a gathering. The British were
known to oppose the idea for the
present, and both Belgium and Great
Britain are said to have agreed that
it would be better before convening
the conference to await the return OF
the British debt mission from Wash
ington.
l. In the opinion Of the diplomats here
Fit is now fairly certain that the con-
ference will be held in December. but
the exact date for it has not been
fixed. The feeling prevails in these
quarters that there no longer Is need
to await British negotiations in
Washington, as the fall of the Lloyd
George cabinet has postponed the de-
parture of the British mission for the
United States, and the attitude Of the
new premier, Andrew Bonar Law
toward tho conference seems sym.
pathetic.
M. Poincare holds to his intention
to present his full plan of reparations
settlement to the conference, linking
with it the readjustment Of interallied