Show crisis in transfer of reparation payments cannot be avoided by DR PETER U H german expert revival of tourist trade in germany along with the restoration of confiscated property in north and south america may postpone a crish crid in the transfer or of reparation payments but cannot avert it without a balance of payments which depend upon a balance of trade germany must sooner or later come to the point where a con 1 derence ference of allied powers must be called to consider tho the question of transfer the economists who drew up the dawes plan foresaw this difficulty but influenced by a political consideration they assessed the reparation obligation at a higher figure than they believed justified in the hope that the circumstances would letter better themselves and their painstaking labor would not be doomed to failure in every other respect the dawes plan deserves high praise as extremely fair and in several respects showing economic genius j |