REPARATIONS.
, “ROOT EVIL FACING V GERMANY.”
DAWES PLAN NOT FINAL SOLUTION.
BERLIN, Jan. 19. Reparations are the root evil with which too German people are faced, declared Dr. Kohler, Minister of Finance, in the Reichstag during a review of the financial position. Dr. Kohler said that the Dawes plan did not provide a final solution, which Germany demanded in order to realise the exact nature of her obligations.
“The present Reich Budget balances without an increase of taxation, but in my opinion the business boom lias reached a climax. A gradual falling off in trade is already noticeable. The Government is considering a renewal of credits for the development of exports. The outlook for 1929 is gloomier, as an additional sum of £15,000,000 will be required for Dawes payments. The Treasury will then lack the funds needful to balance the Budget, and as an increase of taxation is impossible, the strictest economy is essential.” — A. and N.Z. cable.
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Bibliographic details
Manawatu Standard, Volume XLVIII, Issue 45, 21 January 1928, Page 9
Word Count
158REPARATIONS. Manawatu Standard, Volume XLVIII, Issue 45, 21 January 1928, Page 9
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