Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-06-01
GERMANY SUBMITS;
wins MORATORIUM
n.rIin's Reply to Reparations
UItimatum Is Accepted
"a by the Allies
SUSPEND 1922 PAYMENTS
Rv the Associated Press

BY the Associated Press
.i1 psr,.. June I. - The Reparntions
rommissior last night fully approved
mo German reply to Its. ultimatum and
s,sr,tclv decided to grant Germany
rrovisional moratorium for the year
Sudden opposition to the Reparations
romnlission's arrangement with Ger.
many dcvclopcd among French deputies
s"stcrdny and word reached the Coz
wission when II was ready to begin It's
I session Yesterday afternoon that a third
II Tho Chamber of Deputies was op-
nosed TO accepting the German reply
10 the commissions proposals.
The text Of the commissions letter
10 Chancellor Wirth and also its dcci.
sion were issued about midnight. after
Z the commission. had framed them ut a
session lasting many hours. The dcci-
sion was unanimous, the, French dele
cate joining in 1t. despite the report
II opposition from n section of the
chamber, which caused deep concern In
commission circles during the day.
Limiting Paper Money Approved
The action taken by the German
Government to put its finances on
49,, 1T. .,I nl,oo,ooto M ,pucL m
eouna oasas ,hs ,'ho,osnia n nr,n,;ne ~ ns nar
poss,uie pnu oom,t;tmtos em IN scrious effort "a
money co"s.,.u ..,,,ss;,,,. ,oo,,i-an,orts -
the decision says. Regret is expressed,
however, that Germany did not begin
at an earlier date steps in this direc.
tion.
In its letter to Chancellor Wirth.
the commission states that In view OF
tne Inpor'umce W an s's.. e... us'o -
upon tnc question: VI pos'poe. ' ;.;e, y,
payments' tne co'n,n;ss,o. nn,;sn Ieit iJ ius.,nJSu
IN "klns p.V"M .a ae' sw"S,e nuewai Soi,,..
Ing tn" fact tnat on several polnts
Germany % answer ie?uires iurtner e!u.
cidation. lhe IHn.'isS'n nnIormS tne
1ermah Cnance'ior tnnt these mntte,s
VIII DC den,t Win III anothtr comihunI'
cation IN the near iuture, out " Is m
alcated tnat tnsse maiters are OF minor
Importance ana VIII nave no erect on
the prese.t uc.iso". ~ 'haNns the
decisioii 10 grant partia! postpone
ment Of the, payments in 1922. begin.
nihg June l. the commission says:-
Can Cancel Postnonement
.,,,.. aa,.u,i.s,... Ill. H.. A.
.,,. nv .o,n"ss" Iees tuat tue
n... nau,. ~ ou ia ,an.eieu ~. ~ any Line IN
~ non,m;ss;nu M" ,s s shso,.',, euS an n.t u
he 'o" n 20 suossluen''y satisheu
tha a' oond,,inms ml IniS md Ia hua ~ carry OUT
'"T trto .o'V"S Shnnhor:n ..,u tiu~.. tIiu"m. c,
h,a n,,;soJ Dro,,,;a. Se mn: COMMISSION
nno. nan mo., nnnu;dnn .ha no'msare ooJ .nat t
30. r.L;ni, sh,' .me popvseu s iVs' puu.
se,c Zoo %nl'n Snn 400 SHOWS lows a dehc't OF about
,ouo''''"n 1noU 'r 'funcs tun 10 De covered ny
' h"u, ,ta Go,... aSnH ~, a" eAp'anotloh Us 10
Tho hmdcc, ,v,a AMI M.no. eHpet.s Us 10 naiahcc
GENERATIONS: sspia Lhe budget deficit repre;
for ,am,rn,io mar.uie Ue',s pu,u on Ioahs hoated
nsrts p''u'"s "ern'"h pas'
"'e1te. Mt
9e communicated to the members of the
ihtefhational bankers Committee to.
enf, anu the committee IS expected
~ p'sih the actNal work or organizing
% ,o'" at ns session IN the after
hoon; PROVIDED none OF the men,
"is,;n 10 cu' VI agreement with the COM
ni,sI,o" n;nJn > decision. IN rcparatlOns
snnro s,orrs II cir, ~ sa!n tnat the bankers will
opg'h'c opg ,h iulS tnc COMMISSION actioh:
nnro n"u 'nr aieW rs oop@ expressed @ that loan OF
r.n,oI rUu 'nau ,'.i,, E. 'oo'ooO'oVD VIII be Er-
''"s'' "''"'" 'he next iew weeks.
beriin' June !.-(By A. P.)-The
Ieicnstag Yesterday, rejected vote of
no confidence in the Government for
Ignoring the Reichstag regarding the
separations negotiations. The no. con-
hdence vote was moved by the Ma.
tionalist Party, which. with the PeO.
PIE Party and Communists. supported
tne resolution.
After confidence had thus been yir.