GERMANY'S REPLY.

Auckland Star, Volume LIII, Issue 83, 10 April 1922, Page 2

GERMANY'S REPLY.

STILL PLEADS POVERTY. WANTS A FOREIGN LOAN. !T.y Cable -Press Association.—Copyright.) 'Received 3 p.m.) LONDON. April :'. The Berlin .orrea|K>ndeiit of the "Daily News" says it is underfitood that the principal points; in the <>crm_n reply vo the last Note from the Allies with reference to the reparations include Hie rejection of" the dc-iaiid to raise £I.'J.fKK).OOO by "new taxation. The t ierrtiaii (.ioverrtmrnt demands an investi«ration of Ger-n'.-auy's caparfty to pay on the basis of the Peace Trca.tr; Ys out that it is unable tc pa\ i-ai-li without a f<ireijrn loan: st leases the grave economic nnd se.-ial citKlitioii provoked by rising prices and inadequate wage-"; and static that Germany is pre|>ari-d tiv submit a state-men*, on its fiutuicial ami economic condition. The reply emphasises the fact that, it forrHjj-n money be not, available in 192.'. fainitie confrtrtitft the population. The reply insist--* that unlv tlirotigii the raisin."; uf a foreign loan wculil llie payment ot t'ne reparations be possible.— (A. and N.Z. I :ib!e. i