Show SAYS FATE OF OE DAY ES PlAt PLAN PLANS I S TO DECIDE US U S PROSPERITY PROSPER I Possibility of Cut in Sum Germany Must Pay to the Allies European Trade IsI Is I Picking Up By HARDEN HARDEV COLFAX Standard Examiner Standard Special Correspondent CopyrIght Co ht 1924 1 24 by The Consoli Consoli- Consolidated Consolidated Consolidated dated Pr Press ss Association WASHINGTON W April 1 19 9 American prosperity will T IH be bc affected af affected tor for years cirs eus to come by the fate fale of ot the Dawes Da plan tor for working work work- work In ing out Germanys Germany's problems The plan Is 18 practical It Its In principle was tollO followed d here by bya bya a revival of foreign trade trad not only with Ith Germany but with Ith most mot of Europe An ten en greater revival seem ahead Such are ar the new news of o govern govern- government government ment ment officials here bere These Thes official cals cial believe bellev that th the Dawes plan ha has opened the th door to t a new day of oC peace and an prosperity In Luro- Luro Iuro pan Industry and politics politic Do- Do D tails talle for applying the th plan Set et must he be b worked out They prom prom- lee prom prom-Is to bring brine their quota of crises and troubles But the main thing as seen en here Is acceptance of the of ot the th plan With that assured aured skill and patience In ap- ap applying applying ap plying it probably will mean suc- suc success suc success ce cess TRADE 0 ON INCREASE I CREASE And with success as hIgh him officials official cial here her regard the th future wilt will come in large larf measure table stable currency In lu Germany renewed In- In industrial In a settled policy gradual discharge of rp reparation obligations and ot and of direct Interest to American better business better and more certain markets for almost nil all that the United States State has to sell abroad Already commerce department reports report show American buln business wIth Europe Europ is increasing To Germany have gon gone Increased shipments shipment of oC cotton manufactured articles article and other commodities From Germany hate ha e come more mor nearing apparel toys lace lac and china and other commodities The curve on the charts has moved upward up each month since Ince sine November Thus It Is 1 believed here from the day Germany decided to stab stab- stab stabilize her bel currency American busi busi- business busi- busi business business ness and an financial interests dl- dl discounted dis discounted count counted cd the Dawes Da es plan Although the plan was ns not even projected last November when G Germany de de- de decided d to stabilize her currency plain indication were that a plan would come Gorman G as these Int interests rel read rend the signs was as pre pre- preparing ie e- e paring to talk talk turk turkey y and get down In earnest earnet to working out outher outher outher her problem BUY BUT U V S PRODUCTS American products are ar bern begin beginning ning now to appear in German shop hops hops American typewriter typewriters are going by the th thousand lo to Irue Prussia sia ala and Bavaria American auto auto- automobiles mobiles mobile lie Ite by the shipload on German docks dock awaiting the th lifting of Import prohibition to be bc an- an announced announced an announced within a te fen fw weeks week And Anda Anda a 0 big ble committee of et German auto auto- auto mob mobile no importers Importer I Is on Its way ay today to t America to visit Detroit and other manufacturing cities for tor forthe the purpose of o arranging to send end t f 10 loser Icier or 01 other her shiploads of ot ears Cars The Danes Das plan It Is I believed h hero re Bill will result In la Increasing this and other trade with Germany und and In assuring a auch permanence of oC as a will III place our future trade with Germany on a sound business basis And not only enly with Guman Germany but through through- throughout throughout throughout out Europe except for tor Russia Hussla all European and Europ European an antra tra trade le Is retarded regarded as ItS so 80 Intimate Intimate- Intimately Intimately ly tI tied I up with lIh the German situ situation allon that Europe as a It whole hole will III languish h so 80 long lone as aa G Germany re re- re remains r malna main mains economically sick Three e bIg Mf details of o the Dawes pl plan yet remain to be b 01 ked out How much German Orman Germany must pay how how It will be b paid and fhe extent tent of ot allied withdrawal al from Crom Ruhr and the these are subject to be disposed of under the th plan pla b hi oth other r com com- commissions commissions missions are lire Set et to come S MAY 4 The Th next developments development of oC eOn con consequence con con- consequence sequence as a seen fort tor n here are the sections in Germany many and Prance The Tho former Is 1 held May 4 the th latter May 11 lI The Th Ger Ger- German German German man el election will III react on the French The J old Id monarchial cro crowd d gaIns fains strength In Germany th bitter enders will gain earn It Is Isbell ed bell believed d In 1 I ranee rance Such Sucha Such a con con- contingency contingency con will 1 mn make remarkable ad- ad adjustment ad adjustment of ot the triple problem somewhat more difficult The Thet tendency t at ot present Is toward that contingency so 80 a further difficulty may be bc encountered In III Inthe inthe the thc near future as a r result Fien n F en so it I Is felt the th result will III willbe willlie be to lengthen len then the n negotiations rather than upset tb them m l Washington officials are asking themselves It if Dawe Dawes and his hl f fel- fel fellow fel fellow l- l low workers ha hate har e not Indicated quite plainly that the amount of r reparation to be bo paid bi by Germany must be further r reduced That I Is Isone isone one of o the questions to Under the schedule dule ot of 1921 the th amount was ted fixed at gold mark marks a scaling down from some ome som 00 gold fold mars marks discussed In- In Informally In Informally formally among amone the th allies while the treaty of cC Versailles was as in the making Of Ot the th US gold marks mark only 50 were to bo be paid In A and B D bonds The Thc remaining 82 2 2 of oC oC C bonds was cd tor for future treatment nt To ply pay Interest on the A and B bonds and to retire them pugh a sinking fund op- op op operating crating over 10 60 yeats required annual an- an annual an annual nual payments by Germany ot of somewhat more mor than gold rold merits Germany retarded regarded that as a ex cx- cx x- x Da Dawes cot finds find that G Ger- Ger Germany Ger- Ger Germany r- r many can pa pay pi 2600 gold sold marks mark annually That amount is Insufficient to pay Interest on and retiring reparations reparation totalling 0 60 gold old marks s but it II would meet r requirements for tor 40 gold 01 1 marks mark CUT S Officials here her believe bellev that when hn this problem is I worked out the amount of reparation will III have to bo be cut still 1111 farther on the face tace of the th Dawes finding to ap- ap ap 40 gold marks This Is a phase of ot the subject that has ha not figured at atall atall all In the newspapers to date It t is 1 I regarded as a almost certain to Great creat a n sensation and may relay negotiation tor for a j time The Th Germane German appear to have been quick to t see seo BC this point how how- however however however ever aa ns officials h here re vl view w the and that may have hav had much to do with the th promptness It with II which the th German govern govern- ment I meat ment accepted the th finding in prin principle ciple |