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Show LATEST ULTIMATUM - sent mm I FULL PAYMENT OF 8UM DE- 'M MANDEd BY THE ALLIES M MUST BE MADE, ' B Given Notice That. Upon FaUure Yof ' v H German Government to Turn Over ' Twenty Billion Marks by " W '1 May 1, Allies Will Act. M Paris. Tho German government wns1 H notified by the allied reparations coin- H mission On March 21 that tho total ' ..jH amount of 20,000,000,000 gold mark? ;H duo under Article 235 of tho p?nco M treaty must bo paid by May 1 or nddl-- H tlounl penalties will bo inflicted upon f Germany, ! The commission's- noto said : l "Replying to yourjetter, tho repnra- M tlons commission hns tho honor to In- lM form you : jsH "According to tho trcuty of Ver- ' sallies, tho reparations commission- ' nlono has the' right to placo a valun- !a Hon on deliveries lnndo by Germany. 'H "Tho reparations commission is H authorized to decide which among the .H deliveries mndo nmy bo deducted from M tho 20,000,000 gold mnrks referred to 'H In Artlcld 235. H "Thero is nothing In tho trcnty ' which obliges (lib commission to hear jH Hie German government on conditions ,jH under which' deliveries to mnko up the "H 20,000.000,000 marks mentioned In 'H Article 235 should be mndo or np- H prn.lsed. f ,H Have Waited In Vain. -,, M "Tho commission has waited ns long . , &. ,B ns possible, thinking Uio Gennim gov- . ' .B eminent would tako tho necessary 'jkl measures to fulfil its' obligations. It iiH now.ls persuaded such Is not Uio case. 1 A'ho Commission -deinniiucd payment of 'H 1.000,000,000 gold marks because of tho 1 certainty thnt Germany possessed suf- ,WM "Tho commission did not fall to add ,M thnt after tho 1,000,000,000 gold marks M had heen paid, lb would bo rendy to B discuss any further propositions which 3M might lie presented by tho Gorman gov- j jH omnientbofore April; 1, with the. vlow iM of purtrubsfttutlng for gold nnd for. 'HI clgn securities goods, merchandise or H tho prwWfls of n foreign loam '. Jsl "Wo csinot ngree with the Gemma fM government that In tho event of tio "al 20,000,000,000 marks remaining unpnid iM May 1, the Imlanco may bo settled by 'B tlio delivery of the, German bunds pro- 'B vlded Xor in paragraph 12. The 20,- B 000,000,000 gold mnrks of'ArtlcJii 535 M musUio paid Id casii, securities or tho M equivalent, nnd bo used partly to tie- .H fray tho cost of the! armies of occupa- M Hon and tho rovlctuallng of Germany H In foodstuffs nnd raw materials, what M balance being left to bo applied to M reparations. H Germany Must' Pay.1- H "Xlio dispositions, of annex 2, para- ' graph 12, concerning nuw' bonds. In no M way niodlfy the obligation taken by H Germnpy to pjiy Uio , i5oiobo,000,0()0 H marks gold under' Artlclo 2:15. ' In j rfny brent, tho total amount of 20,000,- lH 000,000 marks gold iindpr Artlclo 235 'M piust bo paid before May 1. Nonful- .; flllmcut of this article would ' entail " ' )M pennltles, - ..' ''H "Tho' nbovo fact being ptnteitr theni ' results that tho Germnn government, M by replying neg'ttlvely to Uio cohuiiIh- ' IH slon's request .thnt It.exccuto tho (M stipulations irsArtlclo 2,15,-and espp- lM dally by refusing to make tho pay- ' H meat 'of 1,000,000,000 marks gold dua M March 23, must bo considered In do- ?'sH fault of fulfilling its obligations. Con-' . 'M scquciMly, tho commlsslQii ims decided tl immediately to call tho attention to H such default of each of the Ihtcresfed M powers." H |