GERMAN REPARATION.
DEFINITION OF OBLIGATIONS.
FINANCIAL DEMANDS
(Per Press Association—Copyright.) BERLIN, January 19. "Reparations are the root e.vil with which the German people are faced," declared Dr. Kohler (Minister for Finance) in the Reichstag, during a review of the financial position. Dr. Kohler said the Dawes IPlan did not provide the final. solution which Germany demanded in order to realise the exact nature of her obligations. "The present Reich Budget balances without an increase of taxation," he said, "but in my opinion the business boom has reached, a climax, and a cradual falling off in trade is already noticeable. The Government is considering a renewal of credits for the development of exports. The outlook for 1929 is gloomier, as an additional £15,000,000 will be required for the Dawes payments. The Treasury will then lack the funds needful to balance the budget, and as an increase in taxation is impossible, the strictest economy is essential."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AG19280121.2.45
Bibliographic details
Ashburton Guardian, Volume 48, Issue 86, 21 January 1928, Page 5
Word Count
154GERMAN REPARATION. Ashburton Guardian, Volume 48, Issue 86, 21 January 1928, Page 5
Using This Item
Ashburton Guardian Ltd is the copyright owner for the Ashburton Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Ashburton Guardian Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.