MAKING GERMANY PAY.

New Zealand Herald, Volume LV, Issue 17026, 6 December 1918, Page 6

MAKING GERMANY PAY.

i\VAR DEBT TO THE WORLD

HUGE TOTAL CALCULATED.

(Received ISO sun.)

aLtndN.Z,-Reuter. LONDON. Deo. 4. ' Mr. Harold Cox has made an exhaustive analysis of Germany's ability to pay t the allied war costs. These total £25,000,000,000

including Britain's £7,300,000.000, France's

£5,360,000,000, 'the United States' £3,600,000,000, Russia's £4,300,000,000. .' The value of. territorial annexations, in-

eluding, the colonies, must first bo de-

- ducted, also the value of Alsace-Lorraine, ■C etc France would also demand the Saar

coal basin, lost in 1815.. The' Germans ' most hand over £150,000,000 in gold, merchant ships, „. and ] her investments ... abroad, \ valued at about £000,000,000. . When all her assets are taken Germany may owe ) the Allies £10,000,000,000, on which the interest would be £500,000,000. Soma, of this may be paid by a Royalty .: npoQ the coalfields of ; Westphalia, and the -potash, mines in Saxony. The rest would 1 - be an annual tribute for which: the tax-

'' V.■':■- payers- ; would be responsible. Thus the '* r- Germane would be compelled to work and pjS; i remain poor, while the Allies, relieved of '_.'i :> ..the burden ,the to debt, would enjoy a high standard of comfort • and . fewer hours of labour.,._.,•' v . Mr. , Cox concludes •— What better punishment can be devised!" ...