Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-05-29
CREDITOR EXPERTS
OFFER NEW SCALE
FOR PREPARATIONS
Another Annuities Schedule
Presented to German
Delegation.
DECISION BY TOMORROW
EXPECTED ON PROPOSAL S
Next Step Will Be to Tackle Con-
ditions Proposed by DR..
Schacht's Group.
Ey the Associated Press.

by tne Associated Press.
PARIS, May 29.-The creditor repa-
rations experts agreed upon a new set
of figures for reparations annuities
which were presented to the German
delegation today. 1t was hoped Ger
man decision on the proposal could be
reached by tomorrow.
1t was understood that the creditors
new proposal would extend the Dawes
plans payments until September l, after
which the smaller annuities of the
Young plan will become effective.
German Conditions Next.
This would enable the allies to make
satisfactory reparation which they
contend is not possible to achieve if
they should grant the Germans request
to make the Young annuities effective
from last April
If the German decision on the new
plan submitted today is favorable the
way will then be clear to tackle the
conditions which Germany has pro-
posed and the reservations made by
the creditors.
Fixing Dates Difficult.
In fixing the date when the Dawes
plan shall be imperative, the experts
have had to arrange things so that sub
stitution of the plan of Owen D. Young
for that OF the Dawes committee might
not prejudice the date of cessation of
costs of occupation of the Rhineland.
With these costs, and having the same
status. were costs of various committees,
commissions and other organisms in
stltuted by treaties and the Dawes plan
for which German is liable, inasmuch
as the date for their cessation can be
fixed only by the governments after
eventual adoption and ratification of
the Young plan.
Another point which remained to be
cleared up was how to assure by the
81 average annuities under the Young
plan of 2,050,000,000 marks (about
S492 ,000,000) payment of the debts to
America and leave a balance which
can be mobilized.
To hasten solutions of various out
standing problems the experts have
divided work. While some have devoted
all of their energies to working over
the figures with which the experts have
had to contend others have been dis
cussing the German conditions to their
acceptance with view to putting them
in different and more acceptable
form.
American Debt Question.
There has also been the question of
the last % annuities to cover the
American debt. It was understood ap-
plication of profits from the proposed
international bank to do this was being
considered, but it was pointed out in
some quarters that it would be only
logical that Germany, if she was to OBJ
tain an enlarged share of these profits,
ought to make an increased contr1bu-
ton to the capital of the bank.
All of these difficulties, separating
the allies and the Germans. have not
been easy to surmount, and have re-
ouired much time and ingenuity. The
difficulty in remunerating Belgium for
depreciation of the Belgian mark SEEM
ed to have been laid aside with the
Belgian and German governments about
to negotiate directly on the subject.
No Longer Gloomy.
With the passing of the heat wave in
France today much of the gloom which
has hung over the conference like
breeze of optimism has struck it.
There was less intranSigeance in the
attitude of members of the German
delegation today. and though all the
experts observed the greatest reserve
as to the final outcome of the new effort
an agreement was thought possible if
the Germans would accept the inaugu-
ration of the Young plan in September
instead of April.
In that case the thornieSt questions
treated in the German conditions and
the creditors reservations would be re-
ferred to the governments for settle
ment.