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DWINDLING BILL.

THOUSAND MILLION DOWN,

£300,000,000 A YEAR,

PARIS, March 23. The Times staff states that the most favoured indemnity policy is to demand the payment of ;£ 1,000,000,000 immediately, and about £300,000,000 annually. The Indemnities Commission is now plucking up 1 courage to mention the figures. Some think that a large immediate payment would frighten' every enterprise in Germany; and reduce her capacity to make annual payments. Others think that annual payments would soon be dropped. France’s need is great, and she Is faced with ,a great financial collapse if she does not get sums from Germany, or develops fiscal courage equal to her military heroism.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19190410.2.69

Bibliographic details

Manawatu Standard, Volume XLIII, Issue 1506, 10 April 1919, Page 5

Word Count
106

DWINDLING BILL. Manawatu Standard, Volume XLIII, Issue 1506, 10 April 1919, Page 5

DWINDLING BILL. Manawatu Standard, Volume XLIII, Issue 1506, 10 April 1919, Page 5