The note says further: "Germany suggests appointment of an unbiased commission to fix the total sum of her war reparations which she pledges to accept as binding and to carry out in good faith."
Germany would welcome any suggestion from the United States government for further negotiations or changes in the proposals, says the German note, which provides that:
"With the acceptance of these proposals, Germany's other reparations and obligations will be annulled and all German private property in foreign countries released."
"As evidence of her good faith, Germany is continuing the note, prepared to immediately place at the reparations commission's disposal of 10,000,000 marks in gold and silver and foreign exchange, and 850,000,000 gold marks in treasury notes redeemable within three months in foreign exchange capable of execution if the system of penalties in force now is discontinued forthwith and she be freed of all unproductive outlays now imposed upon or other foreign securities.
Wants Her Territory Yacated First.
Germany declares that the present reparations proposals are only her and be given freedom of trade.
Allies Not Inclined to Tamper With Germany.
PARIS.—(By A. P.)—Because of Germany's refusal to transfer one billion dollars in gold marks to Rhineland, there is a possibility of applying penalties immediately after May first, despite the general reparations propositions and this matter is being seriously considered according to well-informed French circles today.
French Ready to Proceed Against Germany. 