New Britain herald., 1924-04-08

By The Associated Press.
 Paris, April S.--Brigadicr General hawes and his fellow raparation ex- perts seem to have attained the ob- iects al which they aimed, declares Le Matin in presenting a summary Of the committees forthcoming report which is accepted here as authorlta- tive.
 They achieved this, the newspaper adds. without passing beyond the lilnits set for them--that Is without raising the political problem Of the occupation Of the Rahr or trying 10 ilS definitely the amount Of the Ger man debt. since if the Dawes report gives exact details on the amount of the yearly payments which may be cxacted from the reich 1t in no way fixes the number Of these annuities, at least as regards the part which de- rends on the budget surplus of the reich"
 Principal Items
 The report provides mainly. accord ing to Le Matin. that Germany shall receive no moratorium; temporary concession will be made for her raii- roads. a mortgage placed on her in- dustries and bureau established to govern the transfer of money from the country in such a manner as 10 disturb the exchange market as little ss possible. Her annual payments would be tapered upward 10 keep pace with her economic recovery and flnan- cial ability.
 strict Control
 If financial disorder prevents or Ielays execution Of Germany's flnan- .iai engagements the experts provide automatic installation of strict con. .rol by the allies which would he tested with extended powers over the treasury Of the reich.
 In connection with the Ruhr. the experts consider the economic rees- tablishmcnt Of Germany can be dur able only on one condition, namely. the economic unity Of the country must be entirely recstablished.
 Without raising the question of the military occupation Of the Rulr the experts indicate that if will be necessary for Germany to resume free disposal Of the customs and state in- uustries like the forests, coal mining and railroads in the territory occu- pied by French troops The railroad system Of the Ruhr and Rhineland would be upder the special supervis- ton of an allied representative in or- dor 10 assure normal traffic and se- eurity for the French troops.
 Method of Payments
 Under the proposed reduced annual l raymcnts Germany would apply on inc reparation account the first year 1000. OOo. 900 gold marks, raised by i means Of an international loan Of 1 500. .o0o, GOO gold marks plus 100000 ! 100 from the "verkehrsteuer," or | transportation tax.
 Tn second and third years she would pay 200. 0.000,o00 gold marks; ! he fourth year s1,750. .0Oo,00e, the fifth s.4so. .o00, ,OOo and so on. From he sixth year the reparation commis- ion would exact supplementary pay uents in addition to the foregoing of ,,s66.0O6 ,nn0 gold marks dependent Jn a prosperity index carefully es- ablished by the Dawes committee. < The supplementary payments under his index could gradually reach sev- ,raI hundred millions of gold marks
 Supplementary Total i- The supplementary total Of 2.ieo.- | O00.oe0 marks would be thus obtain 1 cd: From budget receipts l.5o0.o0O.- i GOO marks: from the transportation tax and railroad receipts sso.ee0.0oo. ] from the mortgage on industries s00.- [ o00, ,000. It The railroads Of the Reich would I be transferred for fifty years to com ( pany with 2s.000.000.000 gold marks capital. composed of 7.O0o,o0o.ooo in preferred stock, one quarter Of which would be sold for the benefit of the is.0oo, o,ooo,0o0 in ordi- ( nary stock. with dividends depending i ,p the companyis prosperity, and H. ! 700. 900. 900 in privileged bonds at six ! per cent, five per cent Of which would |
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