OFFER

Evening Post, Volume CI, Issue 50, 28 February 1921, Page 7

OFFER

CONSIDERABLE REDUCTION IN

ALLIES' DEMAND

SEPARATION COUNTERrPKO

POSALS.

(USITBD PRBSS ASSOCIATION.—COPtRIGHT.)

(AUSTRALIAN - JUTft' ZEALAND CABLB ASSOCIATION.) LONDON, 26th February. The Evening Standard's diplomatics correspondent states that> Dr. yon Simons will offer a total indemnity of £7,500,----000,000, spread'over thirty years. LONDON, 27th'February. It is authoritatively suggested that Dr. yon Simons will propose- a total indemnity of £7,500,00b;000, extending over thirty years, and the elimination of the 12 per cent.^tax on exports. [The Allied Conference in January fixed the amount payable by Germany ut £11,300,000,000, spread over a pei'iod oi 42 years.]

LONDON, 26th February. The Daily Chronicle's correspondent at Berlin states that the' German Cabinet has adopted reparation counter-proposals providing for co-operative control of the world's raw products and the allotment of a percentage of Germany's industrial products to the Allies as reparation, with partial payment in gold. Tho German delegation, totalling sixty, will arrive on Monday, and will be accommodated at the Savoy Hotel, LONDON, 27th February. The Allied conference of economio

experts submitted a- report intended to ! meet Germany's contention thaj she is unable to pay the- indemnity demanded. The report points, out Germany's'favourable economic situation' compared with 1 that of the Allies. She had not suffered material war damage nor contracted a heavy foreign debt. France's foreign debt is 2386 francs per head;, Germany's only 40 marks per.head. Germany's dis- * armament saves the pre-war expenditure on the army and navy and releases considerable- man power for increased production. '