Show HUNS MUST PAY BILLION r MARKS Germans Gc mans Also Must Pay More to Be Decided Later By Oy Associated Press Presa PARIS April One Ono hundred billion billion bil bil- bil lion gold marks Is ls the amount Germany must pay PlY the allied and a. a associated governments gov gov- governments for losses and damages caused In lu the war plus other billions to be d determined by hy a special specHt commission commissIon commission commis commis- sion on which Germany German is to be This is the final and definite conclusion conclusion sion which has hns been reduced to writing f after atter weeks of negotiation which took tooka a wide range ranco and Involved frequent changes and modification The payment payment pay pay- ment of ot ono one hundred billion gold cold marks marIes la is to be divided into three district j I amounts as u follows j First t twenty billions with within I two I years second forty billions during I thirty years beginning in 19 1921 1 third l forty billions when hen a commission shall d determine how It shall be done TERMS OF SETTLEMENT In view of or tho the fluctuations through which tho the negotiations have passed an authoritative statement was obtained today taday concerning the final terms of the settlement nt This sums up tho the conditions conditions conditions condi condi- as follows follows' Germany German is II at nt the tho outset held generally 1 responsible for losses and dama damages in accordance with President President President dent Wilsons Wilson's fourteen points and the allied d response at tho the time the armistice was concluded To ro determine determine determine de de- termine the extent of or the payment under this responsibility a commission commission com com- mission is set up to tako testimony testimony mon mony assemble data and arrange all aH details of or tho payments from tho the enemy and distribution among among- the allied and associate powers While tho the committee will ad administer administer ad- ad minister the details of or the tho pay payments payments ments sufficient Is known to p permit permit per per- r- r mit the determination that an nn Initial Initial Initial Ini Ini- payment will be required of ot twenty billion gold mark marks payable In two years without interest It Itha ha has haR also been determined that tort forty billion gold marks shall be payable In Sn bonds extending over O a period of ot thirty years cars beginning 1921 with a sinking fund in 1926 These fort forty billion marks marcs draw two and one half per cent Interest st from 1921 to 1926 and five per cent Interest after 1926 1326 MORE BONDS REQUIRED I I I In UIn addition to the foregoing payments payments pay pay- ments G Germany also will bo be required requIred re- re to deliver additional bonds for forty billion marks when the commission determines that this shall be done These three payments payments pay pay- ments menta of ot twenty fort forty and forty billions bring the total to ono one hundred hundred hundred hun hun- dred billion gold old marks Beyond this total the tho commission commission commis commis- sion is empowered to fix anything further that may bo bt required to indebtedness cover cr Germanys Germany's In rn other words lords concluded the eminent American authority who framed the terms and Ind furnished hed the foregoing summary a commission commission commission com com- mission is set up with power to collect from Germany to the ut utmost utmost utmost ut- ut most of her capacity to pay pa within within with with- in the tho limitation Imitation of ot her Indebtedness Indebted Indebted- ness It Is in the gold mark marlc that all payments payments payments pay pay- ments are expressed In tho the final Inal terms This excludes depreciated paper marks mark and fixes the standard of ot payment in gold old The gold mark is lEI worth about the same as the English shilling and before the war was quoted at 2382 2352 American cents centRo The allotment t of ot the marks amon among the allied and associated powers has not yet been finally I nal decided ed d but a tentative arrangement makes the allotment of ot France Franco about 55 per percent percent percent cent of or the total Great Britain's al allotment allotment allotment al- al between 20 and 30 per cent and the allotment of or the United Stat States s be between between be- be tween 2 and G 5 per cent HUNS TO BLAME The text of 01 the opening clause of the tho terms whereby Germany Is la hold held generally generally gen gen- en- en responsible reads substantially as follows The allied and associated powers affirm and Germany admits responsibility responsibility for tor all losses and dam damages of ot tho allied and associated governments and their nationals from the unjustifiable warfare waged b by the tho enemy power against the allied and n. n associated gov gov- Then follows a a. provision for tor the commission on payments and extends details of ot tho the operations of the commission commission com com- mission |