Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-01-12
ALLEGATION IS AGREED.
Other Points, However, Remain to
Be Adjusted.

BY the Associated Press.
PARIS, January 12.-AlIocation oi
24 per cent of the receipts from
Germany under the Dawes plan, be-
ginning with the first annuity, tC
payment of American war damages
is the first definitely settled point
in the discussions of the interallied
financial conference.
The other points in which the
American delegation is interested are
in a fair way toward the settlement
to the satisfaction of Washington
but considerable more negotiation is
necessary and the chances are tina,
the plenary meeting of the confer
ence, which was postponed from to-
day until tomorrow, may be put of
another day.
France Cedes Most.
The share to be reserved to the
United States will decrease the per-
centages of the allies. France cedin &
the greater part, OF IA per cent, but
it is pointed out that extension OF
the period over which the occupation
expenses were spread under the
Wadsworth agreement compensates
largely for these concessions, as it
will take so per cent less from the
reparation payments.
The decrease in percentages will
be furthr offset by the fact that with
in a couple OF years, after Belgium
has been paid her priority in full. the
Belgian percentage will fall from s
to Az per cent.
The American delegation is maxim z
use of this argument to resist the
demands of the allies that the begin
ming of the payments toward the
American Army costs be deferred
until 1926.
The supposition is that the French
and British shares in the reparations
will be restored. respectively. to 81
and % per cent after the Belgian part
Is reduced to Al per cent.
Twenty Instnllments to be Paid.
The American occupation costs, ac-
cording to British sources, will be re-
paid in 20 installments of 52,0oO,Oo0
ginning in 1926. This will yield prac-
tically the same total as the wads-
worth agreement for l 1,072. GOO, 900 gold
marks ($26S, S,000,000) payable in II
years, which now is scrapped The
payments, however. are spread over
a longer period and therefore have
less value from the banking point of
view.
The American reparation claims. ac-
cording to the same sources, will be
repaid. beginning Immediately, out of
the 2K per cent taken from the
shares of the allies. 1t is provided
however. that in no year may the
total of United States Army cost and
reparation payments exceed 100000
gold marks (s21, o,Ooo), which was
approximately the figure of each of
the IL payments under the Wads-
worth schedule.
AS the Army costs amount to 52,00o.-
600 gold marks yearly the payments
to America on reparations thus can
not exceed S5,000,000 gold marks an
nually This figure will not be at
tained until after the first three years
of the Dawes plan operations, but as
the percentage applies throughout the
life of the Dawes plan the reparation
payments will increase after 20 years.
when the Army expenses will have
been reimbursed.
Sentiment FIuctuates.
The fiuctuating sentiment with re
gard to the result of the conference
as a whole veered back to a point
about half way between optimism
and pessimism today. The buoyant
hopes of Saturday night, coming
after the apprehenslVe feelings of the
morning, had again given way to
some uncertainty on account of the
hard time the experts appeared to
be having in getting ready their
final report for the delegates to act
upon.
The few leaks that have occurred
as to negotiations indicate that the
points in suspense are mostly of mi
nor Importance, but the secrecy still
maintained leaves so much room for
speculation that pessimism is easily
engendered by delays. The opposi-
ton French press is showing the
greatest anxiety, assuming that, the
secrecy is intended in large part to
camounage French concessions