Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-06-04

BY the Associated Press.
PARIS, June 4-The last barrier to
complete agreement by the experts
committee on the reparationS question
was removed today and the long out
standing problem of Europe's postwar
life may be considered officially settled.
The Belgians this afternoon accepted
proposals presented by DR.. Hjalmar
Schacht looking toward solution of the
controversial problem of the redemption
of German marks left in Belgium after
the war, for which Belgium is demand
ing 81 annuities of 25,o00,0o0 marks
(about $6,0o0,0oo).
With the acceptance of the Belgians
Of the German proposal, approval OF the
experts report embodying the repara-
tions annuities suggested by Owen ID.
Young, the chairman, now becomes
unanimous, and the historic report,
which must still be submitted 10 tne
governments concerned for ratlf1catlon,
will be signed either on Friday or Sat-
urday.
Accept Schacht Proposal.
The Belgians accepted the procedure
proposed in letter presented by Or,
Schacht Yesterday to Mr.. Young. In
this letter the German government
stated that it had appointed DR.. Erwin
Ritter a ministerial director, as its spe-
cial representative to handle the marks
question, and that he was prepared to
open the discussion promptly. The
Germans suggested immediate negotla-
lions with Belgium whereby the two
governments would agree to enter into
1nHrT
to definite settlement OF the marks con-
troversy."
While accepting the procedure. the
Belgians made the express condltion
that no territorial considerations would
enter into the conversations. This dis
posed of reports that Belgium would
cede back Eupen and Malmedy to Ger
many. both of which districts she OBJ
tanned by the treaty of Versailles.
1t was understood, however, that the
experts committee report would not be-
come effective until the marks question
was settled between Germany and Bel
GUM. This was in line with the ex-
pressed Belgian contention that she
could not accept any settlement OF rep
arations which did not include redemp-
ton of the German marks left In Bel
Rium subsequently TO become valueless.
The reparations experts brought their
efforts to solve the reparations problem
to a successful issue about l O'Clock
this afternoon, when the Belgians an
nounced acceptance OF the proposed
procedure for settlement OF the question
Of German marks. This disposed of the
last contested points in four months OF
negotiations. in the course of which the
conference was twice on the point OF
breaking up.
Debt Is Reduced.
The agreement, as will be notified tc
the Preparations Commission and tbs
governments concerned, reduces Ger
many's reparations debt from about
s33, 900 100000, present value, t
$4,000, 10000
1t will eventually give France be.
tween 10000, 100000 and 0,000,0 0(
francs between 100000 anc
100000 10000 to reduce her interior
debt, relieving the budget of from
2,0OO.000,OO0 to 2,5Go000, 900 francs.
The accord incidentally is expected
to facilitate ratification of the allieC
war debts toward the United States
since the settlement provides that an
nuities are to run throughout tn
period of the debt payments to amounts
sufficient to meet them.
1t will also lead to evacuation of thu
Rhineland by the allied armies, of oc
cupation within the space Of time re
quired for necessary negotiations ant
material arrangements to withdraw tn
forces now there.
The experts report will make tn
main recommendation that the annui
ties proposed by Mr.. Young, the Amer
lean financier, be adopted. These an
nuities call for the payment of 1850,
O00000 marks approximately S492 900,
0o0) over a period Of 81 years, 100,
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