BANKRUPT GERMANY.

Manawatu Times, Volume XLVI, Issue 2474, 14 October 1922, Page 4

BANKRUPT GERMANY.

MANAGING VERY WELD. Without professing- to speak of the economic state of affairs in Germany, the observations of Mr A. E. Clausen, who has just returned from a visit abroad, are not only interesting- but illuminating - . On being- interviewed on his return. Hr Clausen told a “Times” representative yesterday that in Hamburg and also In Cologne (particularly the latter) the utmost gaivty prevailed. As a visitor, and an observant one, Mr Clausen said there was practically no sign of hardship. The cafes were full and the cities generally were in a continual state of revelry. Amusement houses were generously patronised and everywhere was to be noticed the sign of lightheartedness. The price» charged, however, were described as “pretty stiff.” Mr Clausen paid SSO marks for a bed and breakfast, but at that time 100 marks equalled lOd to a 1/-. Numbers of tourists were visiting Germany, but wore mostly Americans.