GERMAN INDEBTEDNESS.
FINANCIAL COMPARISONS.
AMERICA BEST PLACED.
London, September 10.
A committee of the British Association, reporting on the financial effects of the war, states that Germany's pre-war debt is a thousand millions, and it Is likely that an additional 1500 millions will accrue.
Britain will emerge in a better position than the other belligerents, but at a disadvantage compared with the United States. The latter will have the cream, Britain the milk, and other belligerents the skim-milk.
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Bibliographic details
New Zealand Herald, Volume LII, Issue 16021, 13 September 1915, Page 8
Word Count
78GERMAN INDEBTEDNESS. New Zealand Herald, Volume LII, Issue 16021, 13 September 1915, Page 8
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