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GERMANY'S ACCOUNT WITH HINDENBURG

ERROR OF £500,000,000. Just before the issue of the ninth German war loan the German Government issued (i leaflet, headed " Hindenburg'a Ledger." A .sketch represents Hindenburg engaged in entering up the war finances of Germany:—"lntelligence for the war, heart for the King; blood for the fatherland; fiinio of the All-Highest." Then fol low the entries on the credit side, among which arc the following:—"Throughout the whole of our Eastern territory, peace—peace with the countries formerly belonging to the empire of the Tsar—peace with Rumania. The best possible prospects for n. substantial improvement in our food supply during the coming winter, because of the peaceful reconstruction in the East The American danger is not of a decisive, nature. According to the declarations netuallly marie by the Government of the United States of North Americu, no effectively trained fighting force can be brought into being and despatched to tiuropc before the autumn of 1919. The few American troops now in France are merely a nuisance to the French. To sum up, on die Empire's debit side stand the eight war loans, with a total of £4,382,750,000, and on the other side: — £ Captured guns 300,000,000 Caiitured inachiiie-gnn.s 20,000,000 Captured rolling-stock. 500,000,000 Captured aircraft and other ri booty 1,512,500,000 Tonnage and freight destroyed 2,500,000,000 Enernv lerritorv destroyed ' 1,250,000,000 Protection of German territory 850,000,000 Value of pledges 5,000,000,000 £17,207,500,000 [lt will be observed (comments the ' Daily News ') that the exaggeration on the credit side is carried even to the casting oi the figures, which show an error of" 10,000,000,000 marks or £500,000,000.]

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https://paperspast.natlib.govt.nz/newspapers/ESD19190315.2.105

Bibliographic details

Evening Star, Issue 16993, 15 March 1919, Page 10

Word Count
261

GERMANY'S ACCOUNT WITH HINDENBURG Evening Star, Issue 16993, 15 March 1919, Page 10

GERMANY'S ACCOUNT WITH HINDENBURG Evening Star, Issue 16993, 15 March 1919, Page 10