Evening star. [volume] (Washington, D.C.) 1854-1972, 1932-01-17
GERMANY DISPUTES
ALLIES DEBT TOTAL
Statement Insists $50 Bill
lion Marks Paid to Credit
orS for Preparations.

b. the Associated Press.
NEW YORK, January 16.-The Ger
man side in the controversy over exact
" what amount Germany has paid in
reparations has been set forth in a
statement published by German official
sources.
The statement points out that the
German government contends at least
$50 billion marks have been paid,
whereas the allied governments credit
Germany with only 2O2 billion marks.
CThe United States Treasury in 1929
set S02382 as the value OF the marx
In American currency. The current
quotation Of the Federal Reserve Bank
Of New York is $0.2S6S94)
German Statement.
The German statement says:
Identical and therefore undlsputed
In both figures are the sums paid in
cash under the Dawes and Young
plans: from September /, 1924, to Au-
gust 81, 1929, 1870 million marks, and
from September /, 1929, until June 80,
1881, 1882 million marks.
THE controversy refers to the values
delivered from the cessation OF the war
until the beginning of the operation of
the Dawes plan, for which time the
Reparation Commission credited Ger
many only to the extent Of 10 billion
marks, while the German government
insists on having transferred tangible
values to the allies for reparationS pur-
poses to the extent of at least Ais
billion marks.
THE reason for this discrepancy in
accounting lies in the low valuation
given by the allies to the materials and
goods delivered and the properties
rights and interests seized or received
from Germany and Germans under the
Versailles treaty, which valuation, IT
the contention of the German govern
ment. has been arbitrary and far below
the actual value or the loss incurred tc
the deliverers.
Shipping Is Cited.
"a strong example of this procedure
Is to be found in the valuation of mer-
chant shipping delivered by Germany
under the treaty.
In all, 100000 tons of shipping
were taken, which, under the German
valuation, had an actual value at the
time of delivery of 5,753 100000 marks,
whereas the Reparation Commission
permitted only credit of 749,0O0,OOO,
while at the same time computing the
value of allied shipping lost in the war
through alleged German acts at the
high valuation rate not allowed to the
German reparation deliveries.
I'm another case the Reparation
Commission allowed 100000 marks
for military stores delivered to the
allies, which represented, according to
the German accounts submitted, q
IL HY lynf 10
time and thus actual cost to Germany
of over 200,000,000 marks.
THE Institute of Economics in
Washington. d. c., in study pub
lished in 1924, came, on the basis OF
an exhaustive analysis of the whole
problem, to an assessment of 25,800,-
100000 marks as representing the
totality of tangible values transferred
from Germany and from Germans in
and outside of Germany to the allied
governments for reparation purposes
up until 1922.
Summary of Payments.
Taking this as fair and impartial
valuation, and adding thereto is billion
marks paid in cash or values in 1923
and 1924, we came TO the following
figures as representing the undisputable
value Of Germany's reparation payments
up till June 80, 1881:
cash payments deliveries of goods,
ships and material, private properties,
rights and interests Of Germans seized
all over the world until 1922, according
to the valuation of the Institute of
Economics, Washington, D. c., 25.8.
Payments and deliveries in 1923 and
1924, is. Payments and deliveries,
under the Dawes plan, 1877. Payments
and deliveries, under the Young plan,
1882. Total, 38152.
"Of this sum France has received 81
per cent, or about 10000 O00,0 900 marks,
against which the French minister of
public works, M. Deligne, in a recent
public statement, assessed the total
French disbursements for the reparation
of damage in the zone Of war and
occupation at 85,OOO,OOO,OOO francs, or
$4,000 ,000, 900 marks"