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THE FUTURE OF BELGIUM.

In a recent interview a prominent banker of Brussels, who with his family fled from Antwerp just befure the fall of that city, told a London Pressman that it was much too soon to say anything of the elfects of thv war ae bearing on the financial and economic question, as Belgium was no more for the present.. If Germany were deleated. Belgium would, of course, require a large indemnity, in order to reconstruct her cities and towns, but if, on the other hand, Germany were to win. the remaining Belgians would have to pay off the country's debts, in .addition to facing a huge intemnity, and neither France nor England, who had already advanced 500,000,000f (£20,000,000), woufd lend them money. Belgium had millions of paper on Germany. Had this not been previously removed to London it would have been torn into " scraps of paper." After the war Belgium would want heaps of money in order to develop the resources of the country,- which were considerable. In conclusion, he predicted a great future for the country, which in reality was too small for its enormoue active industrial and commercial population.

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https://paperspast.natlib.govt.nz/newspapers/ESD19141215.2.21.5

Bibliographic details

THE FUTURE OF BELGIUM., Issue 15676, 15 December 1914

Word Count
194

THE FUTURE OF BELGIUM. Issue 15676, 15 December 1914

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