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Show "CRAZY!" IS WHA1 REPARATIONS . ARECALLED Norman Angell Advises Al lied . Powers to Get Down to Earth IaJn'DON, Keb. I-Crtfjr aaUsmanshlD That U how Norman Anprcll, Knrltsr economist and author of "Vim EconomU Chaos and the Peace Treaty" and othet works, characterises the $5 5. 000.00, 00 CJcrrnan reparations agreement reached by the allie and to be presented tc (iermatiy at the London conference thli month. "Theoretically." he says. "Herman can pay the suras fixed by the allies All she needs I to expand her export I trade sufficiently over her Import trade ; and she can iay any sum the alhei , 'Hut, In rtnlr. .h. WOUld liaV to swamp the allied anil neutral countries with (ferman manufacture! roods. EFFECT ON ALLIES. "That would injure the allies- home trade, clone their factories, paralyse then capital and afrsravute unemployment, 'The allies couldn't afford that. In their reparations agreement they took positive sleiis to prevent tt bv stipulating; stipulat-ing; a 12 per cent levy ou German capon ca-pon s, Ho In one breath, bv demanding rrasy Indemnities, the allies Mil liermany break all world records In foreign trade; and In the net ureal h, by this exiort levy, they erect a wall preventing Oer- aaa trads aanansien, "It's only by making eaports exceed imports ttiat Germany can pay anything. In the last analysis she must pay in goods." SEIZURE! OS It Al LB Anifll waj asked whether the alUen couldn't Ret fiomethinit: tan hi We by elx-uir elx-uir German rallwaya, river atcamcra and canal boats. "The aliis could do tht," he replied, "but It would (ret them nowhere. You can't export the German railways and j sell them outHide. as Lloyd George recently re-cently iiotnted out, thereby praciicnlly naraphraiilnr pasas;es In tny book. 'The Great Illusion, which ten years ako were ridiculed by some of our economists, "No the allies would have to put the rallwaya to work in Germany. It would ( be Uie Germans who would ship groods on taem, and they wo aid pay In paper marks. "The profits of these raltroads would be In paper marks. To realise anything; from them the allies would have to spend them tn Germany for froods. "W'hn Germany pays in foods and labor she competes with other countries. JUST A SUGGESTION. "If Germany were wise she would say that Indemnities were ImpoKstlile. 8 tie would nay. she was perfectly willing; to try to pay them, but first the allies must help put the railways in perfect condition, condi-tion, provide ample food and clothing; for her people, put in stores of raw materials, set slJ the factories to operating and put all hands to work. "That would make Germany the vastest hive of Industry in the world. "Then the Germans could smilingly tell the allies to send representatives to checjt up everything; and see that they got every cent of eaceas exports over import. im-port. But the allies won't do that! "They would be putting Germany's houie in perfect ordi-r while their own houea were in bad shape. "Allied politicians must stop making foolish promices and gt down to earth. The sooner they face the facts the sooner the world will be able to work out its saJvatlon from the war's wreckage." |