Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1924-09-06
s. P. GILBERT, JR.,,
To De PERMANENT
ALLIED DEBT AGENT

PARIS, Sert. 3.-By the Asso-
ciated Press. )-Seymour Parker Gil
bert, Jr, former American under
secretary of the treasury, has ac-
cepted the post of agent general
for Preparations under the Dawes
plan. The most is being filled tenn
porarily by Owen D. Young, of New
York, who aided General Dawes and
the other experts in drawing up the
plan.
Mr.. Gilbert Is due to arrive In
Paris about the middle Of the month.
Mr.. Young will return on the 14th
from Berlin, where he is going to-
day. He intends to meet the COM
mission for railway debentures here
at that time to arrange with them
the particulars of the payments to
be made to the agent general, and
Mr.. Gilbert is expected here in time
to take part in this conference.
Rufus Dawes, who goes with Mr..
Young to Berlin, is to be placed by
him in charge of the Berlin office
of the organization carrying out the
Dawes plan.
Mr.. Young remarked before leav-
| ing on his trip that Germany's pay
ment of twenty million gold marks
| Tuesday spoke more effectively than
any words Of his.
| Seymour Parker Gilbert. Jr., Is
but 81 years of ase, and unmarried
| BY profession a lawyer, he became
| interested in governmental financial
matters in 1913 when he was made
! a member of the war loan staff in
| the office of the secretary of the
treasury, acting as counsel in mat
tiers pertaining to the raising of
funds for the prosecution of Amer
ica's part in the great war.
In June, 1920, he was nominated
by President Wilson for the post
of assistant secretary Of the treas.
ury in charge Of fiscal affairs, was
reappointed in March, 1921, and
served until June of that year, fol
| lowing which he became under Sec
rotary of the treasury, continuing
in that position until November OF
last year.
Mr.. Gilbert holds several degrees
from Rutgers college and is an
LIB, cum laude of Harvard uni
versity. He makes his home in
Bloomfield, n, j., the place of his
| birth
BERLIN MUST PAY TO LIMIT
OF HER CAPACITY, SAYS YOUNG
PARIS, Sept. 3.-Owen d. Young,
agent general for reparations, reply
! ing to a question from Excelsior
whether it was true that the Ger
man delegates at London had pro
! tested to him that the cost of full
! filling the Dawes plan was too
crushing, is quoted by the news
paper as replying:
II am loyal, If Germany's finan-
cial burden is crushing, that Of the
| other powers is no less so. l have
not hidden from the Germans my
| firm intention to make them pay
to the breaking point; on the other
| hand, l have assured them that
oppose that point being exceeded.
LAS far as I am concerned Ger
many shall pay all she reasonably
can, aol the powers interested in
separations shall get all they can
reasonably experimenting more or
less"
Asked as to the question OF arbi-
tration being applied to the decisions
of the transfer committee under the
Dawes plan, he said
you may quote me as saying that
I am extremely glad Of the London
conference decision in this respect.
Conscientious men can very well
make mistakes for lack Of knowledge
of the facts, for it is human to err
and they can have no objection to
their decisions being submitted to
impartial arbitration"
The reparat;on commission met
this afternoon and confirmed the ap-
pOntment of Mr.. Gilbert in sue
cessiOn to Agent General Young.