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LONDON, July 14.—The Empire Press Union’s annual report, without making an announcement regarding tho venue of the Imperial Press Conference of 1925, expresses tno hope that it will be possible to accept the invitation from Australia.—A, and N.Z. Cable. Mr H, G. Wells has agreed to stand as the Padiani.emary Labor candidate for London University—A. and N.Z Cable. LONDON, July 14—Tho ‘Daily Mail’s’ correspondent an Berlin reports that the reckless printing of paper money continues. The, weekly report of the Reichsbank announces a further increase of nearly 4,000,000,C00 marks, bringing the total to 18?,000,CC0,000 marks. This weekly printing of money is an easv wav of providing for the payment of weekly bills, but it is incompatible with sane finance. Every new issue pushes the mark further downward, The * TDailv Mail ’ editorially stales that it is pleased to observe that the Commission was not hoodwinked by Germany’s plea. It is Germany’s methods and not the Allied demands that are to blame for the total of tho German national debt Tho British currency is £159,000,000, as against the Germans £7.800.000.000. yet Germrny says that she cannot find £2,500,000 per month, whereas we have to. find £4,000,000 for interest on our debt to the United States.—A. and N.Z. u-ab!o
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https://paperspast.natlib.govt.nz/newspapers/ESD19220715.2.84
Bibliographic details
Evening Star, Issue 18021, 15 July 1922, Page 8
Word Count
208LATEST CABLES Evening Star, Issue 18021, 15 July 1922, Page 8
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