Show N Supreme Council Says Says' Germany Must Pay Gold Marks Reparation War Damages Full agreement on reparations German disarmament and all other Important questions before it had b n reached by the supreme council when It adjourned in Paris January 9 r 29 23 to meet in London on February r x 21 f ti The greatest result obtained was Briand explained it as Premier 1 oj maintenance by th the allies of a 10 front frontas fronta a as united in making peace as in waging war war Count Coun Italian Ital Ital- J ian foreign minister and M. M BrIand Jj 1 sa said d the conference had resulted to the satisfaction of ot all aU concerned y A protocol was signed approving r. r tho the reparations scheme as agreed bythe by bythe I the special committee and also the I report on the disarmament of Germany Germany Germany Ger Ger- many as presented by the military t r committee Germany must disarm by July 1 1 disbanding all her civic guards not provided for in the peace 1 treaty Germany will be called on to pay payin in in annuities on a sliding scale 1 gold marks Her exports in addition bear an export I duty of 12 per cent tot for rho he allies alUes I The First Payment On the basis of last years year's exports i Fwd this would give the allies alUes 1 gold marks or 12 per cent of ot whatever money In which the exports ox- ox j P ports orts are paid for Thus it is estimated esti esti- i mated the first payment made by byerman Germany erman will wUl be gold marks the tho export tax being paid in i cash be- be It Is pointed out that besides being beIng be be- li ing a sure method of will wUl act as a pr protective tariff In countries t G near Ge Germany any which are likely to be 7 q flooded with goods made In Germany at a low cost 4 Penalties agreed on for violations will wUl apply to all aU agreements alike alike alike- reparations disarmament m and coal o l Lt i deliveries A feature of the reparation reparation reparation tion tion plan from the French point of view is that it associates the allies in the benefits of Germanys Germany's pros pros- Aid for Austria The co council likewise approved aplan aplan a aplan plan for a franc corporation corporation corporation corpor corpor- to aid Austria The council agreed to forego payment payment payment pay pay- ment for reparations and other debts from Austria in order to enable herthe herthe her herthe the better to negotiate for for outside aid All the delegates left the foreign office after the forenoon session in what appeared to be far better humor than had prevailed among them at any any previous time during the conferences con con- The demeanor of or Premier Lloyd George was particularly cheerful cheer cheet- ful rut Premier Briand told the newspaper per men that the council had achieved ed its results in a spirit of greatest cordiality The tendency in it if French circles is to regard the outcome of the conference as a decided success for M. M Briand The penalties provided in the reparations reparations reparations rep rep- plan are in general the same sam a aas as under the tre treaty ty of Versailles Including in including including In- In both military and economic measures The report of uio the tho military committee committee committee com com- on of Germany also has been virtually approved bythe bythe by bythe the council It provides for the complete complete complete com- com disbandment of ot the wehr and other civic guard Organizations not permitted under the treaty of Versailles es Disbandment must be completed by July 1 next The penalties for or failure Premier Briand st stated t d are st stronger o ger than hal those arranged for at the Spa confer con con- con con- fer ference A 4 Continued on Last P Page ge r GER GERMANY MUST PAY From Page One The conference of February 28 to which the Germans have been Invited invited invited ed to consider the reparations terms will be held In London Export Tax Provision PIO Examination of the reparations plan showed it provided that the 12 I per er cent cent ta tax talc on German exports I w WOUla outs over the ule same sane period as the stipulated reparation pay pay- ments Germany is to be allowed an 8 per cent cash discount on payments payments pay pay- ments moats made In advance Tho The total I of gold marks ot of I German reparation payments called for by the plan would equal approximately approximately approximately at normal exchange rates It is understood that for the purpose purpose purpose pur pur- pose of Inducing Germany to pay off oft her reparations debt as rapidly as possible she would be bo allowed dIScounts dIScounts discounts dis dIS- counts on her annual payments These discounts would be fixed at 8 per cent the first two years 6 pet pet pei cent the two following and 5 per cent cen the remaining thirty-eight thirty years As a guarantee against German I defaulting on her payments the committee committee committee com com- recommended that In such an event German customs might be seized seIzed seized seiz seIz- ed and new or increased taxes be ImI imposed im mm- I posed without prejudice to any measure the allies aUles might take if this plan proved Inadequate Finally Germany would be forbidden to 10 contract any foreign loan with put mt permission from the reparations commission Seizure of German customs was added as fourth of the penalties adopted The other three are Extension Extension Extension Ex Ex- tension of the area of occupation occupation of the Ruhr district refusal re- re refusal refusal re re- to admit Germany to the league of nations The proposal to o apply penalties was presented by by Premier Lloyd George Ac According to the arrangement arrangement arrange arrange- arrangement ment the annuities and export taxes are payable semi ins uis- fount for advance payments will be per cent the first two years year 6 the third and fourth years nad 5 there there- after While this solution of the the knotty reparations problem did not appear to arouse enthusiasm at all It at least satisfied French opinion The text of the agreement was completed completed completed com com- too late to permit of an extended ex- ex extended extended ex ex- tended analysis but Paris newspapers newspapers newspapers news news- papers were generally agreed that It satisfied all viewpoints without sacrificing sacrificing sacrificing sac sac- the desires of any nation Lloyd George Pleased I IThe The British premier expressed lively satisfaction over the fact that the allies had maintained their solid solta front He said We shall be glad to try and give you in London as cordial welcome as we received here and we hope that you will be able to confront the London fog all the more courageously courageous courageous- ly since the fog of the conference has been dissipated The council adopted the following fallowing resolution The allies convinced that close union is as necessary In the present peace as it was in the war are resolved resolved re resolved re- re solved to allow nothing to impair It They consider union as the surest guarantee of peace the execution of the treaties treaties' and fidelity to International international international engagements and penalties agreed to Before the delegates dispersed I I Premiers Briand and Lloyd George thanked them for their cooperation We have succeeded by good will willand willand and concessions M. M Briand said Mr Lloyd George said that the tho conferences conference's work was the subject of congratulations and was due largely to M. M Briand's admirable efforts It has been m my painful duty he continued to criticize what Ii M. M Briand has said on several occasions But I did It for his good and because of my affection for him and with what good results With we now see |