“MONEY ANARCHY"

New Zealand Times, Volume L, Issue 11652, 17 October 1923, Page 8

“MONEY ANARCHY"

ROOT EVIL IN GERMANY FOOD SUPPLIES ESSENTIAL TO STOP CIVIL WAR. NO REAL SHORTAGE. Hr Telegraph.—Frees Assn.—Copyright. Australian and N.Z. Catila Association (Received October 16, 7.30 p.m.) LONDON, October 15. The “Daily Chronicle” correspondent in Berlin says the Cabinet is earnestly tackling the root of the evil of the whole economic trouble of Germany’s worthless ourrency. The food disturbances in various parts of the country are not due to any real food shortage, but) to money anarchy. The harvests are good, but the agrarians refuse to sell supplies except for a stable currency. If winter supplies are not forthcoming civil war will be a certainty. There is still danger in the domestic political situation. Communist and Syndicalist agitators are busy in Berlin and other industrial centres. The Socialists and Communists have already formed a coalition in Saxony.

President Ebert has set a good example. In view of the financial position he has renounced half his allowances, and is practising the severest economy in the Presidential household.