San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1924-04-09
crease Taxes, Mortgage
railways and Industries
to Pay War Debt.
IT OWN MONEY BACK
|fman Funds Abroad
Must Be Attracted to
Help Fatherland.
BY the Associated Press.

Paris, April 9.-The report of the
erts who have been engaged for
past three months in the task of
frtaining Germany's capacity to
reparations, was handed to the
hrations commission yesterday. The
committees under the chairman
b of Brig. Gen. Charles G. Dawes
a Reginald McKenna, respectively,
Re gone deeply into the intricacies
The many problems connected with
iarations, and, as mentioned in the
[ering letter, they approached the
Is @as business men anxious to OBJ
N effective results.v
4 he league of nations is drawn into
reparations problem by the Dawes
brt. while an unofficial representa-
! Of the United States is slated for
role in the execution of
experts plan. An American men,
1 of the general board of control for
proposed new gold bank of issue
<luite likely TO fill the important
II of commissioner. His duty will
10 decide when Germany's capacity
Fpay has been reached, while the
gue finance committee will be asked
hrbitrate il the commissioners de-
IONS in applying the "index of pros
Ety. are disputed by either Ger
by or the allies.
Must Collect Debt.
n business matter instead of politics
how the experts describe the task
n have just completed. They inter-
fted the object of their work as
fdiBc TO the collection of the debt,
bier than to the application of pom
I es, with a purely economic solution
view.
Recognizing the obligation of Ger
by to pay and declaring that she
| resources with which 10 pay, the
>erts insist that if Germany does
| she must have her hands free to
Blot her economic resources.
The experts carefully omit i'll their
4 ort mention of the Ruhr. but make
|Dlain that the French and Belgians
| st satisfy themselves by leaving
Prisons in the Ruhr. if they see fit.
taking their hands off the RU~:
b Rhincland railroads and the Ruhr
|ustries.
The first prerequisite TO the pay
Int Of reparations. the experts as
h, is sound money III Germany.
lev propose, to this end. the estab-
hment of new gold bank of issue
/ h 400. O00,000 gold marks capital.
the organization of which they
Ike il to the interest and profit OF
'rmany. as well as TO the advantage
1.-THE allies, to cooperate.
|Sermany's production, they say. will
bible her to meet her own REQUIRE
lnts and raise amounts to apply TO
parations as contemplated in the
In. These payments, fixed on
Hing scale, run from 10W0.OW
ID marks in 1926 to $3.50, OO0, 1000
1854.
Index OF Prosperity.
In order to prevent these payments
Inn affecting adversely Germanys
'ancial stability. an index of pros
rity has been fixed. making it pos
lie to Judge whether the amounts of
scheduled payments arc or arc not
FOND her capacity.
IA general board of control, includ-
] an American. with allied. neutral
II German members, is the experts
luton of the difficult problem Of
'rmans that Germany will execute
! terms of eventual settlement I'M
their plan. The experts found
s plan most likely to satisfy the
les aud at the same time prove ac-
btable to the Germans.
Dne member Of this board. with the
lie of commissioner. will be vested
th the important duties of deciding
lion TO an index Of prosperity when
payments provided for in the plan
" prove too onerous and may
-eaten the upsetting of German
ances.
The index is TO be based upon Ger
IN exports and imports. the total
1get receipts and expenditures. rail-
ID traffic. the monetary value OF
consumption of sugar. tobacco.
r. and alcohol by the total popula-
n and the consumption of coal. Per \
,tsges will be fixed on the average
tistics covering these bases. first
three years. then for six years.
percentage of each of the six