The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-05-02
PROPOSAL
DEPENDS
ON u 6.
HELP
Government Offers to Pay 80
Billion Gold Marks FInaneed
BY International Loan.
- d y II ~
InteFra 6le Ne11n Eerxlee.

BERLIN, May 2.-Germanyss
new reparations proposals, which
are being delivered today to the
United States, England, France,
Italy, Belgium and Japan de-
nland that all German territory
occupied IN excess of the Yer
sailles treaty stipulations shall be
evacuated" This is an effort to
get the French and Belgians out
of the Ruhr.
Resistance to Continue.
German officials said that passive
resistance against French occupation
Of the Ruhr would continue until
the areas occupied in excess OF the
Versailles treaty are restored to Ger
many under Rhiseland agreement
They declared that former conditions
must be restored in the Rhineland
to aid Germany back to prosperity.
The German government proposed
an agreement pledging France and
Germany to arbitrate all future dis
putes according to arbitration
treaties proposed and drawn up by
William Jennings Bryan while he
was American Secretary of State.
In addition to requesting evacua-
ton of the Ruhr, the German offer
demands that all arrested Germans
be freed and that Germans who were
exiled by the French be returned to
their homes.
Loan to Finance Proposal.
After proposing payment of 30
600 600, 600 gold marks by Germany.
20, 900, 000, 900 to be paid at once uu-
der an international loan, the note
went on:
1.-The starting point of the negotia.
lions must be the restoration Of the
status quo in the shortest possible
period. If the other side thinks that
SO, 900, 000, 900 gold marks is too low,
it is proposed that the PREPARATIONS
problem particularly the amounG.
be left to the decision of an inferno
tional commission as was proposed
by Secretary of State Charles Evans
Hughes in a speech last year. In
ternational arbitration is suggested
In the event that the last 10000, 000.-
900 gold marks are not subscribed.
The note announced Germany+s
willingness to provide special guar
antees for the payments offered.
pointing out the necessity of ne
gotiations between an international
loan syndicate and the inter-allied
commission. At the
same time it was declared that it is
necessary to stabilize German cur,
rency while the reparations prop
lem is being worked out.
Bonds to Cover Loan.
1T is also essential that no more
forcible seizure of German securi-
ties take place." continued the docG-
ment.
Bonds would be issued to cover
the international loan. The 80
900 900 900 gold marks would be
payable in cash and goods. Two
thirds of it would be paid by July
/, 1927, five millions would be paid
in 1929 and the balance in 1881.
"'The German government is pre-
pared to take all the necessary
steps to make the proposals effec.
tive and to obtain cooperation of
all German business in furnishing
securities"
ut is essential" said the note,
that Germany be freed from unpro-
ductive expenses which now burden
her. Also, that she be relieved OF
political and economic restrictions"
u. s.. to Name Arbitrator.
The document emphasized the ne
cessity of stabilizing currency as
requisite before Germany can meet
her obligations" 1t continued:
Germany proposes that the Prest-
dent Of the United States pane "a