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GERMANY FEELING PINCH.

DISTRESS IN BERLIN. DEAREST CITY IN EUROPE. FORSAKEN BY FOREIGNERS. By Toleerwah.—Press Association Copyright. A. and N.Z. LONDON. March 2. The Berlin correspondent of the Echo de Paris says the cost of living in Geri many has risen to such an extent that the ! people are suffering real hardship. In ■ Berlin well-dressed people are begging j food. Nobody is patronising the luxuri- '. ous restaurants,, and the big hotels, which | were crowded after the war. are now ; empty. Foreigners have forsaken Germany, and Berlin is rapidly becoming the dearest city in Europe. The Berlin correspondent of the Morning Post states that evidence is continui ally growing that the German Governj ment has been following a deliberate j policy of extravagance in order to benefit ] private traders at the expense of the I State. Apart from the deferred collection |of the coal tax from mineowners, v the ; Government allowed payment of export | dues to be postponed for six months, l thus sacrificing £660.000 monthly of pur- | chasing power. Similar postponement of j payment of import duties enabled mer- | chants to pay in depreciated marks.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19230305.2.76

Bibliographic details

New Zealand Herald, Volume LX, Issue 18340, 5 March 1923, Page 7

Word Count
185

GERMANY FEELING PINCH. New Zealand Herald, Volume LX, Issue 18340, 5 March 1923, Page 7

GERMANY FEELING PINCH. New Zealand Herald, Volume LX, Issue 18340, 5 March 1923, Page 7

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