GERMANY'S “ POVERTY ”
BANCE INSISTENT ON REPARATION PAYMENTS. CONTROL OF FINANCES.^ By Telegraph.—Press Assn.—Copyright. Reuter’s Teleeram. PARIS, June 30. Addressing the Senate, M. Poincare, Premier, dealt with the subject of re. parations. He declared that Germany’s apparent poverty was 1 simply a pretence. Germany was spending on her commercial fleet 12,000 millions that ought to go to the Allies. Germany was buying back the vessels surrendered to -Britain, and was building many new vessels. The German mercantile marine was now the third commercial fleet in tho world, and Germany was carrying out considerable works for the improvement and extension of the railways. The Allies must insist on tho application of real export taxes, and the money which Germany has accumulated abroad must be made available for reparations. Severe control of Germany’s finances must bo established. If Germany refused to accept such control, the Allies would be able to take measures collectively or separately.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZTIM19220703.2.98
Bibliographic details
New Zealand Times, Volume XLIX, Issue 11252, 3 July 1922, Page 8
Word Count
152GERMANY'S “ POVERTY ” New Zealand Times, Volume XLIX, Issue 11252, 3 July 1922, Page 8
Using This Item
Stuff Ltd is the copyright owner for the New Zealand Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.