GERMAN WEALTH
FUND FOR REPARATIONS POWCARE DEMANDS MEASURES APPARENT POVERTY A PRETENCE. (UNHID PKESS ASSOCUTJOH.—COPMIGST.) (IUSUTBB'S TEIEGBAMJ (Received July 1, 2 p.m. 4 PARIS, 30th June. Addressing the Senate, M. Poincare, Premier, dealt with the subject of reparations. He declared that Germany's apparent poverty was simply a pretence; Germany was spending on her commercial fleet 12,000 millions that ought to go to the Allies. Germany was buying back the vessels surrendered to Britain, and was building many new vessels... The German mercantile marineVwas now the third commercial fleet in the world, and Germany was carrying out considerable works for the improvement and extension of the railways. The Allies must insist on the application of real export taxes, and the money which Germany has accumulated abroad must be made available for reparations. Severe control of Germany's. finances must be established. If Germany refused to accept such control, the Allies would be able to take measures collectively or separately.
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Bibliographic details
Evening Post, Volume CIV, Issue 1, 1 July 1922, Page 8
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157GERMAN WEALTH Evening Post, Volume CIV, Issue 1, 1 July 1922, Page 8
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