Dec. 12.
Any consideration of Ger-Imany's plea for a further redue~ tion of the amount due from her for reparations arising out of the Great War necessitates a brief review of what has already happened in the past. And, when the mass of figures and contentions arising therefrom en, it is dificult to escape (000 in February, 1921, many has maintained a consistent campaign for reduction. The first success' was achieved in [April of the same year, when the Reparations Commission assess-fed the amount which Germany should be called upon to meet at £5,600,000,000 or 68 per cent. of the amount originally estimated by the Allfes-—an initial victory amounting to 42 per cent. of the total claims. It is difficult to believe, in' view of the adoption of. the principle reparation in place of indemnity, in deference to the opinion expressed by President Wilson, and so embodied in the Treaty of Versailles, that the claim put forward by the Allies was in-any way outrageous, for the adoption of the principle of, reparation implied rather the
Text read from the printed page and cleaned; old type leaves the occasional error.