REPARATIONS

Hawera & Normanby Star, Volume XLII, Issue XLII, 25 March 1922, Page 5

REPARATIONS

UPROAR IN GERMANY

BY CABLE—PEESS ASSOCIATION—COPYEIGHT ! LONDON, March 23. The Daily Telegraph's Berlin correspondent states the uproar over the Heparation Commission's note will not be taken very seriously; it was largely stage thunder, which would have rumbled just as loudly if the commission had proposed the complete cancellation of Germany's debts. Another large proportion of the noise was due to oarty tactics in order to prove the Republican Governments are essentially bad and weak. Among the factors 'which exercise a calming effect will be the annual report of the Handelsgesellchaft, the first of Berlin's big banks, whose last year's balance-sheet shows a net profit of sixtytwo million marks, and after placing forty millions to reserve, pays a dividend of sixteen tier cent.