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TROUBLE IN POLAND.

SEPARATE PEACE POSSIBLE. HOW TO AVERT THE DANGER. Australian-New Zealand Cable Association. STOCKHOLM, Oct. 30. A critical situation exists in Poland through a growing inclination to come to terms with the occupying Powers. Although Polish sentiment _is largely antiGerman, the absence of direct communication from the outer world causes public opinion to regard the military situation through German eyes, and so desire to make the best possible terms. Negotiations between the Central Polish Party and Germany have reached a definite point of agreement involving the Polish Government’s acceptance of Vilna to Volliynia, thus releasing many German divisions for thi' summer of 1918. If the agreement is ratified Poland becomes an enemy State, and Germany’s post-war commercial vassal. It is believed the danger can only bo averted by prompt Allied declaration, definitely including in their war aims the establishment of United Poland with access to the sea. THE COST OF THE WAR. Australian-New Zealand Cable Association. LONDON, Oct. 30. In the House of Commons Sir Leo Ohiozza, Money stated that five standing cargo steamers had been built up to the 25th inst., of 5200 tons each. Eighteen would be complete by the end of December. Mr Buuar Law, Chancellor of the Exchequer, introducing a £400,000,000 vote of credit, said that we are now exceeding the. Budget estimate by £239,000 daily. \\ e had advanced to the Allies £1.100,000,000, and to the Dominions £160.000,000. and there was an increase in the National Debt of £5,000,000,000. The Germans had passed votes of credit amounting to £4,700,000,000. not including loans to their allies. The indications wore that Germany was hopelessly bankrupt after the war. Our financial burden after the war would largely depend upon the peace which wo would be able to secure; if the war ended satisfactorily the financial burden was one which we should be able to bear readily. Mr Bonar Law added; “This vote will carry us until January. The daily cost of tlie war is £6,648,000.” AUSTRIA'S DEPLiIED FINANCES. Australian-New Zealand Cable Association. BERNE, Oct. 30. The Reichstag official reporter gloomily describes Austria’s financial situation. He said that England alone among the belligerents was able to pay interest on war loans and furnish considerable sums for current war necessities. The German finances aie in an unfavourable condition. '1 lie increased German revenue from new taxes totalled a million marks, while the war loan interest amounted to three milliards. It, is ariticipated that Austria will suffer long after the war from the low rate of exchange. Jhe Austrian Premier announced that Austria was still ready to sit at the peace table it her enemies were ready to create a foundation for equal iutcr-State relations. “NO COMMERCIAL BOYCOTT.” Received November 1, 11.15 a.m. WASHINGTON, Oct. 31. President Wilson’s dictum that there must he no commercial Imycott after tho war is finding favour with the Allies. Various missions have inlormou the Tariff Commission that all the important nations have abandoned thenplans to deny Germany their markets. [Too much importance should not be attached to this statement, which is in direct opposition to the expressed views of tho British, French and Italian Governments and to the policy outlined in connection with the meetings ol the Imperial War Cabinet and the Imperial Con ferenco.]

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https://paperspast.natlib.govt.nz/newspapers/MS19171101.2.21.11

Bibliographic details

Manawatu Standard, Volume XLII, Issue 10122, 1 November 1917, Page 5

Word Count
541

TROUBLE IN POLAND. Manawatu Standard, Volume XLII, Issue 10122, 1 November 1917, Page 5

TROUBLE IN POLAND. Manawatu Standard, Volume XLII, Issue 10122, 1 November 1917, Page 5