gan stirring up
provocative agitation
it
the neighbouring
street against
the police,
and the
trade
union
leaders
who
were
preserving
crder.
7The
police
declare
that
when
they
tried
to
suppress
this
counter-demonstration
a
shot
was
fired
from the crowd
and
the
police
then
re-
sorted
to
the
use
of blackjacks.
This
brought
a shower
of
stones
and
bits of
glass from the
disturbers,
who
in
turn
began
using blackjacks
and
also knives.
After vainly trving to disperse
the crovd
by shooiing into the air,
the
police
shot
directly at
the
rioters.
Mounted
police
and
other
reinforcements
soon
after-
wards
succeeded
in restoring
order.
Berlin, June 7.h. —The
texr of the
Ger-
man amendatory
reparation
is as follows:
After full and careful
consideration
Ger-
many
has stated
her
sincere
belief
as
to
her capacity
to make payment
for repara-
tions.
The
German
Government
would
not
be acting fairly and it wouid not bring
the real solution
any
nearver,
if,
for the
sake of temporary
alleviation of its politi-
cal difffculties, it
were
to
promise
more
than
in its judgment
the
German
people
can
with
the
utmost
effort
perform.
Nevertheless
the question
of Germany’s
capacity
is one of fact
on which
different
opinions
ean
be
he!d
and
the
German
Government
admits
ihe
difßculty of ar-
riving at any secure
estimate
in the pre-
sont
conditions.
For
this
reason
it
has
already
offered
to
accept
the
deci-
<ion of
an
impartial
international
body
as
to
the
amount
and
metkod
of pay-
ment.
(ermany
can
give
no
stronger
proof than
this of
her
determination
to
discharge
the
reparation.
The
.
il
Government
also
is
ready
to supply all
available information
necessary
in
form-
ing
a
reliable
judgment
of Germany’s
capacity
to
pay.
It will,
if it wishes,
throw open
to
inspection
all
its financi-
al records
and
furnish
any
details
that
may
be desired concerning
the
resources
of
German
industry
and
business.
The
German
Government
has
made
reference
to
t
e flotation of big loans
in order that
large capital
sums
might
acerue
at
the
earliest
possible
moment
to
those
powers
to whieh reparations
are
due.
Should loans
on
a great
s-ale
prove
imprac
icable
for
a
time it is ready
to substitute
a
scheme
of
annuities
Since
the
Allied Govern-
ments
have
attached
importance
to Ger-
many’s furnishing
forthwith
precise
in-
dications
as
to
the
kind
and
mode
of
guarantees
which
she
is
in
a
posi in
to
offer,
the
German
Gcvernment
pro-
poses
the tol owing
as
part
of
& definite
reparations
settlement.
A.
the
railway
situation
of
the
Reich,
with
all its
ap-
purtenances,
will
be
detached
from the
other
state
property
and
held
as
a
separate
fund,
the
accounts
of
which
o Would
be
independent
of
the
general
financial
admimstraiion
and
under
1S
gwn
¢ pirol, ard obiigations
\_wll
be
is-
sved
upon
the amount
of ten
biilion
gold
marks,
with
a airzct
first charge
cn
the
assets
of this
admiaistraiion
and
carry-
ini interest
at live percent
as from
July
51
LURUIx
aViy
.
Ist 1927,
thus
securing
an annual
pay-
.
ment
of five hundred
billion gold
marks.
-
(B).
1o secure
a further annual
payment
|
of five hundred
million marks,
as
from
-
July Ist 1927,
the
German
Government
.
will at
once subject
the
entire
busiress
.
industry, banking trade,
traffic and
agi-
'
culture of the country.
to a guarantee
in
~
the forn
of afirst mortgage
of
ten
bil-
-
lion gold marks
on
real
estate
whether
.
buildings,
dwelling.,
lands
or
forests.
|
Thne
annuities
of
five rundred
millioa
-
gold marks
will be levied either
indirect-
!
ly in the form
of
a
general
tax
on
all
|
classes
of property,
or
on
the
specific
.
opjects
of the .mortgave.
(C).
In
addi-
.
tion,
the German
Governnment
will pledge
|
as security
the
customs
on
impwts
of
consumable
articles
other
ti 'n
necessa-
.
ries,
the
excise
on
tobacco,
beer,
wine
.
and sugar
with the receipts
of the spirits
"
monopoly.
On
the average
of the
vears
-
preceding
the
war, these
customs
and
ex-
.
cise receipts
reached
about
eight hundred
million marks.
Their yield in gold marks
'
has
now
fallen
to
one quat.er,
on
ac-
-
count
of the
loss of
teriitory
and
popu-
latitn and
reduced
conswmaption.
With
;
the
recovery
of
the
economie
activity
|
of Germany,
it
will automatiially
in-
.
~
crease.
In conclusion,
the German
Gov-
i
ernment
feels
that it must
lay
emphasis
on the following, in a matter
so
vast
and
complicated.
Real
progress
cannot
be
made
by the exchange
of
written
docu-
ments.
But
can
only
be
achieved
by
word of mouth
at
the
conference
table.
Germany’s capacity
to
pay
depends
on
the
character
of
the
settlemenc
as
a
whole.
A method
of
payment
can
on-
lyv
be
arranged
in direet
consultation
with those
who are to
receive
payment.
The
guarantees
can
only he
worked
out
in detail
with the
ecallaboration
of
those
w
om
they
are
intended
to
serve,
for
the solution of all
these
questions,
oral
discussion
is
essential.
Germany
ar
knowledges
her liability t~ “Lanc (cpu.o
tion.
7IL. ueiman
Government
repeats
"
request
that
a
conierence
be
sumn-
moned
to
decide
how
ilt
may
best
di--
charge
it.
Paris,
June
7Tth.—The
German
repara-
tions ff r, elaborated
in
the
note
deliv-
ered
to
the
Entente
Allies
today,
re-
mains
¢n
rely
unacceptable
to
France,
it was
deciared
in
Government
circies
tonight.
It
makes
no
appreciable
ad-
vance
over
the
previcus
offers
and
France
cannot
even
discuss
it
with Ger-
many. for.
as
was
decided
at
DBrussels
yesterday,
the passive
resistance
in
the
Ruhr
must
be
abandoned
before
anyv
ne-
gotiations
can begin.
The
note
wasz
char-
acterized
as
unsatisfactory
of
abandon-
ing the passive
resistance,
which
is
the
first
of
the
Iranco-Belgian
conditions.
Second.
Germany
offers
no definite
sum
as
the total reparations.
Third.
In
sua-
g>sting
an
impartial
international
com
mi:rsion
to fix
the reparations
total Ge.-
many
ignores
andsseeks
to
viola
< tha
Vers:iiles Lreatv,
which
created
the re-
paration
commission
for
exactly
that
purpose.
The French
see
no
reason
why
the reparation
commission
should
be
sup-
planted.
Fourth.
The
suggestion
for
guarantees
might be
open
to
discussion
if Germany proposed
their administration
by the Allies, but if the
Germans
admin-
ister
the
guarantees,
the
French
would
expect
no
satisfactory
result.
The
Frene
are
still
unconvinced,
they
say,
when Germany
pleads
inability
to
pay.
They declare
they
have
seen
her
living
sumptuously
and
that
they
know
she
can
meet
her
obligations,
M.
Poincare
had
a
lengthy
conversaiion
with
Presi-
dent
Millerand this
afternoon
and
gave
him
a repcrt
of
his
meeting
with
the
Belgian
statesmen
at
Brussels.
The
question
of how
the German
note
is to he
answered,
it
is
said
in
oflicial cireles,
depends
upon
the
other
Allies.
France
would be ¢lad
to join
in
a
collective
ai-
swer,
but the
terms
must
agree
with the
French
views.
The Germans
were
care-
ful
not
to
ignore
the
reparation
con-
mission
and
delivered
a copy
of the
note
to the commission
today,
as
they did the
main
proposals
were
made
early
last
month.
London,
June
B:h.—The
first
prize
in
the Calceoita
Derby sweets
takes,
amount-
ing
to 74,009
pounds,
was
drawn
by
a
resicdent
of Zanzibar
named
P.
Mole who
sold
half his e¢hance
before
theac2,
ac-
cording
to
a
(Calcutta
despatch
o
thLe
Morning Post.
Paris,
June
6th.—M.
Poincare,
upon
'ing the German
reparation
note,
is
rep.
‘ted
to have
called
it
“‘ridiculous’’,
and the
newspapers
with
the
exception
of the extremist
organization,
take
the
same
attitude.
The
six
leading
papers
of Paris
apply
to the
memorandum
such
epithe’
sas
"‘inadmissable’,
‘'unaccept-
able’” and
'‘not needing
a reply”’.
P
lin, June
9th.—The
French
rejec-
of
the
latest
German
reparations
.
oosals,
which
had
been
re arded
in
ofticial circles
as offerine
up
to
the
hilt
of German
capacity
to
pay
bhas
caused
deep
p ssimism
here,
despite
the
fact
that
all
1 reliminary
evidence
showed
Frar
.2
would
be
unresponsive
German
offi- .als
deelare
every effort
was
made
1o
rike satisiaciory
terms.
Official circles
.
d
un:l
the
last
momeut
hoted
that
either
Knglish
or
Belgium
influence
might
bring
France
to
a
more friendly
reception
of
the
propoesals.
Belgium’s
aignment
with
France
at
the
Brusse;s
conference,
however,
was
final
assur-
ance
of unity of the
Alied front,
Chan-
cellor
Cuno
faces
new
dithealties
Wiih
the rejectionr of Germany’s
offer,
he hus
alrendy
boeen
under
cioss
ftire
in
the
Reiensiag
as
a result
of
the
Rubr diso:-
ders
and
troubles
throughout
Central
Germany
that
followed
the
latest
drop
of the mark.
As
sponsor
of the repary-
tions otfer he
was subjected
to
much
lg-
bour
eriticism
for
measures
contained
therein
which might
threatcn
the
eight
hour d: y.
Many believe
his
a.titude
on
t'e proposals
eommits
the
Government
t» stand
or fall by their success.