(3 of 6)
to sell the bonds. The general situation was believed so
favorable that Ford, General Motors and Chrysler were all in course of
putting through enormous expansion projects to sell their cars in
Germany. The report of the Agent General of Reparations, Seymour
Parker Gilbert, indicating that Germany could meet the Allied demands
(TIME, Jan. 14), was a most potent factor in all these plans and
expectations. Mr. Gilbert was slated to become a Morgan partner; and
the august presence of John Pierpont Morgan himself in Paris fostered a
belief that the Second Dawes Committee, chairmanned by Mr. Young, who
virtually devised the Dawes Plan, simply could not fail.
