£8,000,000,000.
CLAIM FOR REPARATION.
ESTIMATE OF ■ HUN WEALTH
PARIS, March 25,
Reuter’s staff reports: —For tho moment tho question. ;of reparation and Gorman frontiers are paramount. They were the subject of a prolonged discussion between Mr Lloyd George; M. Clomenccau, and President Wilson bn Thursday night. Tho Committee’s experts have reduced the reparation claims to. £8,000,000,000,000. On this basis the principal and interest would amount to £16,000,000,000, spread over 40 years. This constitutes one of the proposals made to tho commission. . . Against it, however, is tho estimate of tho available sources of German wealth at homo and abroad, which, according to American export opinion, is at tho utmost £2,400,000,000, made up as follows: German resources outside their country, £1,600,000,0.00, which amount is represented in merchant, ships and railways, mines in Alsace and Lorraine, coal and iron deposits in tho Saar Valley, foreign securities, and Government property in tho former German colonics. (The Saar Valley for the purpose of estimate is included in tho territory outside Germany.) . . All this outside property is. considered by the Commission to bo subject to’confiscation by the Allies. Thus, should this view prevail £1,600,000,000 would, bq more or less available for immediate liquidation of war losses .
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19190423.2.80
Bibliographic details
Manawatu Standard, Volume XLIII, Issue 1516, 23 April 1919, Page 6
Word Count
200£8,000,000,000. Manawatu Standard, Volume XLIII, Issue 1516, 23 April 1919, Page 6
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