GERMAN REPARATIONS
ENFORCEMENT OF PAYMENT.
MAY LEAD TO COLLAPSE.
SUGGESTED ALTERNATIVES. (By Cable.-Press .Association.—Copyright.) (Received 12.30 p.m.) LONDON, November 24. The report of the special committee of the Federation of British Industries on German Reparations, snys that there is growing opinion in Britain that any attempt to enforce the present reparations scheme will lead to the collapse of Germany, and declares that it is impossible to return to pre-war trade conditions until methods of liquidation of tho war debts of the natione are settled.
It suggests a transference of obligations between Governments into obligations between individuals by the creation of mortgages on German railways, shipping, and other industries. These securities would be handed over to the Allied Governments, who would dispose of them to individuals. He also suggests the utilisation of German energies uiider Allied experts restoring the railways of Central Europe and Russia, and constructing public works in the undeveloped regions of Africa, South America, and Asia.—(Reuter.)
COMPETITION WITS BRITAIN. LONDON, November 24. Sir Peter Kylands, addressing a meeting of the Federation of British Industries, admitted that Gerniany could only pay her reparation by means of exports that would compete with British goods. He suggested that Ilritain ought to control the. classes of goods acceptable, and force Germany, in conjunction with the Allies, to build railways, docks, and harbour works in undeveloped countries, under Allied control; also to build superpower electric stations in Britain at German expense.—(A. and NX Cable.)
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19211125.2.77
Bibliographic details
Auckland Star, Volume LII, Issue 281, 25 November 1921, Page 5
Word Count
241GERMAN REPARATIONS Auckland Star, Volume LII, Issue 281, 25 November 1921, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.