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WHAT GERMANY SHALL PAY

Tilt. REPARATIDHS PROBLEM Press Association—By Telegraph—Copyright, LONDON, November ‘JO. ‘‘The final reparations settlement must lio one that does not exceed Germany’s capacity to pay from her own resources ami ibat will not endanger tho standard of living of her people,” declared .Dr Slresemann in the. Ivcichstag. The Berlin correspondent of (ho ‘Morning Tost,’ in discussing Dm factors that the experts must consider, says: " Germany lias been able to increase her Budget expenditure very substantially in 1928. Tim industrial production for BUS is roughly Jo per cent, above tho average lor 1921-21), while the standard of living, the wages of skilled and unskilled labour, and savings banks deposits have risen materially. On Dm other tido_ of Dm picture Germany’s net borrowing from abroad from January I, 1925, to May ;tf, 1926, amounted to £J(,590,0110 almost exactly equivalent to Dm amount paid out in reparations annuities,” — A nst ralian Press Assoeiation.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19281121.2.74.4

Bibliographic details

Evening Star, Issue 20029, 21 November 1928, Page 8

Word Count
153

WHAT GERMANY SHALL PAY Evening Star, Issue 20029, 21 November 1928, Page 8

WHAT GERMANY SHALL PAY Evening Star, Issue 20029, 21 November 1928, Page 8

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