The Raymer enterprise., 1923-05-10
French Uitlmatum 70 Turks Concern
Ing Syrian Border - Supreme
Courts Ruling on Liquor on
Vessels at esa-commu.
mist Ruthsnhsru Con-
vletsd In Michigan.
BY EDWARD W. P,ckARD
II AviN0 read the iatsst
1 rsparatlons offer Of Chan.
esllor cuno, what chance do
you think Il presents for final
settlement Of the probismf
Have you any confidence In the
good faith Of Germany

NHANCELLoR CUNO'S long await.
~ I'd reparations offer was present
ed % the allies and the United States
last week, and though Il was promptly
rejected by France a. wholly made
quats and impossible, It is believed at
this writing that Premier Poincare
will intimate that the proposals may
be, when revised, a basis for renewed
negotiations. That Il as far AZ the
most optimistic opinion can 60.
Germany offers total Of 10000
100000 gold marks (s7,500. .000. .000) as
the utmost limit Of her capacity to
pay, and expresses some doubt Of her
ability to pay that much. though 1t
Is a minor fraction Of the sum she
agreed to pay under the Versailles
treaty. She proposes that two-thirds
Of this be raised before July /. 1927,
BY a bond issue floated In the inter-
national money market; that 5,000,-
100000 marks more be raised before
July /. 1929, in the same manner,
and the remaining 100000 1000
marks similarly before July l, 1881.
The plan provides that in case the
three loans do not produce the re-
quired total. ian impartial interna-
tional commission must decide. II.
when, and how the balance must be
covered. The same commission will
decide how the interest on these loans.
not provided for, may be raised"
This commission. the note says,
shouS~be "either the c0nsortium which
Mats the loan or an international
y ;mmission of business men CORE
spending to the proposition made by
Secretary Of State Hughes. on which
Germany would be represented with
equal rights. or an arbitration tribunal,
composed OF representative Of the
reparation commission. representa-.
tive Of the German government, and
an arbitrator designated BY the Presi-
dent Of the United States In the alb
sence Of an agreement on this person.
age"
Cuno says Germany is ready to en-.
act legislation that would make her
entire economic system contribute %
a. TO assure the interest on the loans
and to make conventions for deliv'
cries in kind. He proposes that secur'
ity az between France and Germany
Be assured BY an agreement to submi,
any future disputes to arbitration Of
other conciliatory process. suggesting
the Bryan arbitration plan.
Conditions hedging the offer include
the immediate evacuation BY France
and Belgium Of occupied TERRITORY
whose occupation 10 not authorized By
The Versailles treaty. and the restora'
tion Of all expelled persons to theil
homes and positions.
THE Cuno proposals are in ever.
/ respect wholly obnoxious to th,
French. Az to the loans, the Frenct
attitude ID expressed thus BY higf
oflicial: The whole reparations ques
lion is handed over to few group
Of bankers. chiefly German financierl
operating in the United States. Eng
land. Holland and Switzerland. as th'
note provides that II the 10000. .000, ,00l
eold marks foreign loan ID not fioate'
the whole question will be referred t