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ROBBING THE PEOPLE

METHODS OP THE GERMAN.

MONEY BARON.

The May issue of the German; monthly "Die Bank" states correctly that before the war the value of-the mortgages,in Germany came to 'more than M.50,000,----000,000 or £2,500,000,000. The sayings invested in industrial and other; fixed in-' terest-bearing securities was, no dovAt', considerably larger. The total interestbearing debt carried by German industry and agriculture came to at least £5,000,----000,000. That enormous sum has been reduced to something like £5000. By the destruction of the value of the mark, the great war-makers, the nobility, and the industralists, have robbed the German nation of £5.0(10,000,000, which they have put into tfieir pockets. Germany has paid only a- small indemnity to the nominal victors. According the Reparations Commission, the Allies have received from Germany only a few hundred million pounds in cash and in kind.

But the real victors have exacted from Germany £5,000,000,000 worth of solid values. Never has a foreign conquerer been more merciless in plundering a nation than the German war-makers have been, and never has a foreign conqueror been more successful in enriohing him-

Ihe feudal and industrial barons of Germany have got practically the whole ot the land, of the mines, and of the industrial and commercial plant of the country, declares a writer in the "Daily Mail. The legitimate owners of these enormous values have been given worth-' less bits of paper. Never in the history of the world has wealth been concentiated m fewer hands. Never in the history of the world has there arisen as powerful a class as the German landowners and industrialists who work hand in nana.

\\e cannot wonder that they proceed on the assumption, "We are the^tate," that they refuse to pay taxes, and that they have told the freak and foolish Government which is at their mercy, that they will lend them a little money to tfZ IT£°? o{.} a™S handed over to them the State railways, the last item tfon6^ 7 M? has esca Ped c°nfi*^ won at their hands. The reparations problem is not how to make Germany pay, because Germany EW"* 6 SKf t n"ddKclass-has °cci totaHy impoverished. The problem con^ sists in making the great noblemen and mdustnaists pay, who even refuse Z

A position has arisen which' is far F«n 6 h? thf fc which obteinSi S F ance before the great Revolution. In midZ erS Wa T saV, least * considerable Sard of f Germany that safeguard of great wealth and great power table^tf?^' and {t "<**» ™^£ table that the German nation will hold its despoilers to account.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19231013.2.127.15

Bibliographic details

Evening Post, Volume CVI, Issue 90, 13 October 1923, Page 14

Word Count
430

ROBBING THE PEOPLE Evening Post, Volume CVI, Issue 90, 13 October 1923, Page 14

ROBBING THE PEOPLE Evening Post, Volume CVI, Issue 90, 13 October 1923, Page 14

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