WAR DEBTS
GERMANY’S POOR MOUTH
Onltecl Press Assn, by El. Tel. Copyright (Australian Press Association.) (Received March 24, 5.5 p.m.) \ BERLIN', March, 22.
H. Scliaclit has arrived to report progress on tho reparations negotiations. Simultaneously a semi-official communication denies that he offered an annuity of £7,500,000. It' adds thei rumors are false and circulated for the purp o3 ® of accustoming tho world to the idea that Germany could pay such monstrous sums for two or three generations. The Allies pay America what they receive from Germany and thus' suffer no loss to their % economic' - substance. Germany, on the contrary, must borrow, because she is unable to raise the instalments demanded from current resources. - % •- ' . . •
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Bibliographic details
Gisborne Times, Volume LXIX, Issue 10854, 25 March 1929, Page 5
Word Count
113WAR DEBTS Gisborne Times, Volume LXIX, Issue 10854, 25 March 1929, Page 5
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