REPARATION DUTIES.
METHOD OF COLLECTION.. - i GERMANY’S NEW SCHEME. LONDON, April: 3. The political correspondent of the Times states that the Chancellor of the Exchequer, Mr. Winston Churchill,.will submit a motion in the House of Commons for the suspension of the section or the Reparation Recovery Actj- whereby. 26 ner cent, levy is.collected on ,Germanimports to Britain. " , This step has been necessitated by theDawes scheme, under which all German payments are pooled for distribution to the Allies, after certain priority charges have been deducted., ... Hitherto, the British Government has collected the levy from, the British importer, who has collected from, the German exporter, whom the German Go-, vernment has recouped. An arrangement has:now been reached whereby an organisation of German, traders, representing 800 firms, is responsible for paying the' German Government fixed monthly sums, which will he forwarded to the British Treas-. nry in sterling, the German Government recouping the German, organisation in gold marks. 1 *
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Hawera Star, Volume XLVIII, 20 April 1925, Page 5
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156REPARATION DUTIES. Hawera Star, Volume XLVIII, 20 April 1925, Page 5
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