EXPERTS FACE CREDIT PROBLEM
VERY TIRED MEN,
WILL THEY FAIL TO PRODUCE SOLUTION!
United Press Association —By Eleotris Telegraph—Copyright. Received Thursday, 11.20 p.m. PARIS, Feb. 21.
The experts were very tired-looking tneu when they emerged from the council after a six hours’ discussion on Germany’s capacity to transfer money credits to creditors. Obviously, creditors cannot usefully atk Germany to pay more than tho sum declared by the most competent authorities to be the maximum she can pay. On the other hand, the Germans fcol that onco their transferable capacity is fixed, they will be required to pay the full limit. Hence the experts, through tho transfer difficulty, have come to immediate grips with tho real Issue* . ~ The Financial Times says it is disquieting to see early disagreements. It is tho function of tho experts to ascertain the true situation in Germany and to make recommendations based thereon. The waiting world will accept no excuse for avoidable failure to produce an agreed plan.
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Bibliographic details
Manawatu Times, Volume LIV, Issue 6843, 22 February 1929, Page 7
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162EXPERTS FACE CREDIT PROBLEM Manawatu Times, Volume LIV, Issue 6843, 22 February 1929, Page 7
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