REPARATIONS
I !AN AUSTRALIAN SUGGESTION.; . i ■ (FKOH OUR OWN CORREIPONDSNI.) ' " . ' v " SYDNEY, 16th August. The very doubtful asset represented by the £50,000,000, which is Australia's chare of the reparation payments, has never been .included in the Federal Bud- i get as revenue, and, in viow of recent developments it is. hardly likely to be included in the near future. , A chimerical^suggestion on the aubJ ject has .now been put forward by a yicI torial Labour politician, Mr. ''. W-. Malpney, in tKe form.of a' motion on the business paper of the House of Representatives. When, the mark stood at 700 to. the £ he suggested obtaining goods from Germany to the value of £1;750,----000, representing ! a.'" conversion." at that rate of £50,000,000 gold.; By, tho same method the. value of this latter 'sum, with the mark, depreciated to 35(Hj to the £ can be made -to look like £87;500,000,000 worth of German" goods ««& fmy iinms the wasd of the ytM uil tannir' . -■■■ ' ... ■ . . ■- .-„..,
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https://paperspast.natlib.govt.nz/newspapers/EP19220826.2.63
Bibliographic details
Evening Post, Volume CIV, Issue 49, 26 August 1922, Page 7
Word Count
159REPARATIONS Evening Post, Volume CIV, Issue 49, 26 August 1922, Page 7
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