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Show GERMANY REFUSES TO MEET PAYMENTS DISPUTE8 COMMISSION'S FIGURE8 8HOWINGBALANCE OF 12,000,. 000,000 MARKS DUE MAY 1. Failure to Pay Deemed a Violation of the Treay of Versailles, Which -the Commlsslop Will Report' to the Allied Governments. Paris. Germany in her reply on SInrcJi 23 to tho recent ultimatum of tho allied reparations commission, ro-fuses ro-fuses to pay tho one billion mnrks gold duo on this dntc, and disputes tho commission's figures showing a bnlance of 12,000,000,000 mnrks duo May 1. It is maintained in tho German noto thnt tho 20,000,000,000 marks which tho penco trcnty provided should bo bunded over by May 1 lias been moro than pnld. The noto asks Hint a Joint commission commis-sion of experts fix tho vnluo of the German deliveries on reparations he-count, he-count, but It declares that, In nny event. It would bo Impossible for Germany Ger-many to pay 12,000,000,000 marks by the first of Mny. The noto concludes ns follows: "If, nfter the experts have conferred, It is established that there Isji deficit In tho payments by Germnnjshe is rendy to begin negotiations with tho reparations repara-tions commission regarding tlio float-lag float-lag of a loan nbrond." Tho reparations commission met Wednesduy morning to consider tho German reply, which was transmitted from Ucrlln Tuesday night. The . Germnns' falluro to pay is deemed a violation of tho trenty of Versailles, which the commission will report to tho allied governments. The allies will then determine what measures meas-ures shall be takei). It Is commented hero that tho German Ger-man experts already hnvo been heard by tho commission, which listened to their arguments before fixing the valuation of tho German deliveries credited as payments ngnlnst tho 20,-' 000,000,000 mnrks. This valuation, therefore, wns considered flnnl, since tho treaty' glves Uio commission solo Jurisdiction In tho mutter. |