Cabinet's Unanimous Decision to Accept Scheme Berlin, June 2: has unanimously Owen, as a basis, conference of the Governments and the experts.
The report of the committee of experts on reparations, now known as the Owen Young plan, is a document of nearly 100 pages which complex. plan of the final Reparations settlement, In regard to the—International Bank to be established w of G.$100,000,000 to adn plan of the Committee of Experts, the report lays down that the who scription will be guaranteed by the hanks of the seven countries represented on the Committee of Experts, but that an amount not exceeding—G.$44,000,000° may issued to other countries, During the first 37 years of the plan drawn up by the Committee of Experts, the German Government must maintain with the Bank a non-interest bearing deposit not exceeding 100,000,000 Reichsmarks, Deliveries in kind will continue for a. Secade, beginning with 750,000,009 fichsmarks and i wee from 12%, '100,000 to 69,000,000 Keichsmarks, The report recommends that the lan start at the end of the present Dawes year, the Dawes payments meanwhile to continue.
The new plan includes 37 annuities to the average value of 1,088, 000,000 Reichsmarks, The annuities lable, rising from 1,707,00 000 Reichsmarks in 1930 to 21498, (090,000 Reichsmarks in 1965 which they gradually decline, The first 37 years wil Reparations and the debts to America.
Th 21 years who. ye be dug rks, and for the Germany's Chains June 24, was crowded sontay)
speech by Dr, We the ments foreign a cunspleto failure since Germany's demands the "evacuation of the disarmament and the pro of minorities had been cum nored, fig" reply, ted that the rece ons plan signified the Germany's chains. The few for the exccua plan, emenstrat the tenth of ths
Text read from the printed page and cleaned; old type leaves the occasional error.