Brussels, July 13.
An agreement has been reached between Belgium and Germany on the subject of the millards of marks of Germany paper money forced on the Belgians during the German occupation in the Great War.
Under this agreement Germany: promises to pay Belgium from March 31, 1930, thirty-seven annuities on similar lines to there agreed in the Owen Young Plan for payment of German Reparations by annual instalments The first annuity paid by Germany to Belgium will total 138,769,000 Belgian franes; then there will be three annuities each of 184,169,000 francs; eight of 222,716,000 franc another eight of 172,176,000 frane: and seventeen final annuities each of 79,063,000 franes, In the event of a moratorium in the payments made by Germany to the Allied Powers in connection with the Owen plan, Germany will ill pay the above annuities to Belgium, but the latter may then be in kind.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.