Show Change an a in Dawes Dawes' awes War Debt Plans Urged by Expert Mass July 30 30 AP AP Revision Revision and extension of ot the Dawes plan on a more pr practical basis basis of or reparations payments fat In producers producer goods rather rather- than in n i iby consumers goods was suggested by Paul Harvey formerly editor of or I the International Interpreter author and lecturer on International relations relations rela rela- before the opening session of the Institute teof of Polities Politics yesterday esterdaY The International chamber o ot of commerce Including In Its person personnel personnel person person- nel pel many of the experts Instrumental tal In drawing up the Dawes plan pan stands sp sponsor for the new plan a and d will soon ask for the of a new world secretariat of experts ex- ex who will study the th-e possibilities ties of deveo development ment of backward areas as as' as part part part-of of the tho scheme If If reparations are made by a 11 transfer of goods Mr Harvey said there is grave danger that the tho recipient re recipient re- re country will suffer more more than the paying country whose economic status will be Improved by the extra stimulation necessary while the receiving country will suffer from oversupply and unemployment unemployment unemployment conditions The recent coal strike In England he said was was as caused largely by the transfer of German coal to that country In accordance with agreements The Int International chamber has I therefore worked out a plan whereby whereby whereby where where- by the debtor nations pay In producers producers producers' pro pro- goods so that the industries of each country are mutually Jated Germany making reparations to France In accordance with this plan might for Instance pay herin herIn her herin in equipment for the development of her colonies by making machinery machinery machin machin- ery for the fabrication of raw materials ma ma- To do this she would probably have to borrow money from a stronger nation who would oud then hold first mortgage on the equipment provided while the credItor creditor creditor cred cred- nation became chief stockholder er in the corporations thus formed Such a 11 plan Mr 1 Harvey believes would augment the sources of the creditor n nations by developing their colonies and resources while it I would stimulate the the debtor nations nations' Industry to a large extent |