Scheme Based on Hypothesis of Restoration of Fiscal and Economic Unity of the Reich: Assigned Revenue to be Under Al lied Contro}
Paris, Apr. 9.
The official report of the comrittoo of experts, under the preideney of General Dawes, with regard to measures to balance the German budget and to stabilize German currency, while. recogniz~ ing that political considerations have set cortaim limits. within which a solution mist be found if it is to have any chance of acceptance, emphasizes that the committer ' have been concerned with the problem of debt. recovery and not, with imposition of penalties. As businessmen, they consider it hopeless to build uetive scheme except of good faith and they submit a pian, relying on all Basin he committee have come arties carrying it out on such
to the conclusion that there is no method of balancing the German budget temporarily er permanontly under the present limitations of rmany's fiscal and economic rights over part of her territory. hey, therefore, are compelled to base' their report, solely on the hypothesis that the fiscal and economic unity of the Reich will be restored. The experts em-Phasize that their forecasts are Basel-on the assumption that economic activity" will not, be hampered by any forme of control organization other tham that pro vided by the scheme. All existing measures hampering, such, activity should conseatently be withdraw
Positive steps towards a plan, oon as, Germany has taken Such -as establishing madhinory whereby "th assigned revenue should flow through Allied control. Such measures should not, be Fe-imposed ox cent in cane of flagrant failure, when., th> creditor. Governments shoul determine the nature of the sanctions.
Text read from the printed page and cleaned; old type leaves the occasional error.