THE INDEMNITY.

Grey River Argus, 5 December 1921, Page 5

THE INDEMNITY.

WILL GERMANY PAY? FRENCH ANXIETY. PARIS, Dee 2. The French Press generally opposes any reparation concession to Germany. “Le Petit Journal” points out that the Reichstag has not even begun the consideration of Premier Wirth’s new drastic taxation, outlined some months ago, and it considers that Germany is merely again trying to escape responsibility by means of the creation of disunion among tho Allies. “Le Petit Parisien” admits that Britain is not actuated by any desire to grant concessions to Germany, and adds that she is simply facing the problem of raising the mark in order to avoid the ruin of British commerce.” GERMAN NEGOTIATIONS IN LONDON. (Received at 5.5 p.m., Dec 3). BERLIN, Dec 2., As Herr Rathenau has made his reappearance in the portfolio of Minister of Reconstruction conditional upon the success of his negotiations in Loudon, a favourable agreement is confidently anticipated. MARK’S RECOVERY. MUSHROOM MILLIONAIRES BLIGHTED. (Received at 5.5 p.m., Dec 4). BERLIN, Dee 3. The far-reaching social consequences of “Black Thursday” when the mark recovered (it is now 840 to £1) are slowly being realised. Reports from Leipzig, Hamburg, Frankfort, and elsewhere indicate a wholesale snuffing out of mushroom banks, that were founded to satisfy the public’s speculations. Scares of uew millionaires have been ruined. The life earnings of many small investors disappeared iu • night. GERMAN DEMAND. FOR POSTPONEMENT, ived Deccmbi : 5.5 p.m.) PARIS, D. amber 3. “I.;* Petit Parisien” states tho German Government have decided formally to demand a moratorium. The demand will be made immediately, if an international loan, which. Germany needs for her January payment, is refused. Should a loan be granted, the demand will bo made at the end of January.