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Show gemhy OFFERS THIRTYBILLION NEW GERMAN PROPOSITION SO FAR FROM SATISFACTORY FRANCE MAY REJECT Proposal Referred to Limit of Ability To Pay Provides for Three International In-ternational Loans; Pay. ment To Be In Gold Berlin. Germany's latest reparation repara-tion offer proposes that the sum total to-tal of her obligations in cash and kind under the Versailles treaty be fixed at 30,000,000,000 gold marks. The German government, in a note made public here Wednesday simultaneously with its receipt by the entente and Washington governments, govern-ments, proposes that twenty billions of the total be raised before July 1, 1927, by a bond issue at normal rates of interest on the international money mon-ey market. Five billions would be raised before July 1, 1929, in the same manner and the remaining sum similarly before July 1, 1931. The note asserts that Germany, In accordance with existing treaties, will also make payments in kind which are to be credited to her account. ac-count. The note expresses the government's gov-ernment's conviction that the new proposals represent the utmost limit of Germany's capacity to pay and expresses grave doubts as to whether the offer does not exceed her ability In view of the heavy dislocation and weakening of the reich's economic organization caused by the Ruhr occupation. oc-cupation. The new German propositions for a reparation settlement are so far from acceptable to France that a flat rejection re-jection of them is regarded by persons per-sons close to Premier Poincare as inevitable. in-evitable. This rejection, it is stated, will probably be followed by an extension ex-tension of the occupation on the right bank of the Rhine. |