Salt Lake Telegram | 1921-04-25 | Page 1 | Germany Offers Fifty Billions

M f if J f. f e f. f Jr tS if JI p i TEUTONIC REPARATION PROPOSAL TO ALU ALLIES OUTLINED AT BERLIN ELII Payments to Be Extended Over Period Pe Period I nod Ranging F From orn 30 to o 4 42 2 Years r and an s to o Be a- a G i ee d J Yi f- f fY Y OUtput u o of the e Ind Industries o of the e Country LONDON April 25 Great 25 Great Britain will support France in occupying the coal fields if the new German reparations reparations reparations proposals are are not acceptable Premier Lloyd George announced in the house of commons today The prime minister said that plans for the military movement would be submitted to parliament before action is taken PARIS April 25 By Associated Press The Press The French supreme war council comprising Marshals Foch Joffre and Petain and Generals Buat Bunt and will meet this afternoon in the Elysee palace under the chairmanship of President I All the cabinet members will meet at the Elysee palace at 9 30 o'clock tonight PARIS April 25 By Associated Press The Press The allied reparations commission today sent a note to the German war burdens commission demanding that one billion gold marks be deposited in the Bank of f France on or before April 30 BERLIN B ERLIN April 25 By Associated Press The Press The 0 payment by Germany of gold marks about for reparations is roughly the proposal submitted by Germany for transmission to the allies according to sources close to the government The payments will be spread over oyer a period of from thirty to toI I two forty-two years or less according to Germanys Germany's economic recovery Economic pledges in the way of goods and participation in German industries are offered as guarantees it is stated The Thc proposals refrain from Germany proposing u If the thc assumption L by hy Germany u If L of the allied debts to the United States The German government is refraining refraining refrain refrain- ing from mal making public today its note to the tho United States in order to give President Harding it is ex explained explained ex- ex an opportunity to consider and make maIm inquiries concerning it if he desires b before fore forwarding it to the allies The offer t It is indicated inclines more toward the tho terms formulated by bythe bythe bythe the allies alUes at the Paris conference last winter than to the offer made by Germany at the tho London confer conference nce which the allies summarily rejected Note The The f allies alUes under the de decision decision decision de- de reached in Paris in January Januar demanded that Germany pay gold marks or approximately the payments pa ments to be spread over a period of 42 years Germanys Germany's exports in addition would bear bear an export duty of 12 per cent togo to togo togo go to o the allies for an identical pe pe- period