AUSTRIA WANTS PEACE.

Gisborne Times, Volume XLIX, Issue 4905, 26 June 1918, Page 5

AUSTRIA WANTS PEACE.

SOCIALIST PAPER’S COLD TRUTHS. The Vienna Arbeiter Zeitung in April last contained an interesting article, in which a demand was made for peace with the Allies. it said:. — Before the war Austria’s, debt with Germany was six and a half, miliard kronen; it is now more than thirteenmilliards, and is increasing from month to month. Austria’s debt to other foreign countries is also, it says, very heavy, and after the war Austria must pay a discount to France an/j Britain. Further, Austria needs raw materials and food from foreign countries—machinery, cotton and wool from Britain, India, South Africa and America. Roumania and the Ukraine, the writer says, are unable to provide us with food, therefore the import of meat and grain from the United State's is necessary. We must pay with gold, hut we have no gold. Germany is unable to give us anything, and the only thing to do is to obtain milliard loans from foreign countries; but Germany cannot guarantee the loans, and Holland an/! Switzerland, have not such great sums at their disposal. France needs all her own money for the re-establishment of her own lands and Britain and the United States of America are the only countries which are able to help up. We cannot by warlike means force these countries to give us credit;, they must therefore become our friends. That is the only way to get raw materials and food but peace, as desired, by the German annexationists, will be a hunger-peace. _____