GERMANY

Otago Daily Times, Issue 18513, 25 March 1922, Page 9

GERMANY

REPARATION DEMANDS. THE CONDITIONS UNACCEPTABLE. POLITICAL CHAOS FEARED. Press Association—By Telegraph—Copyright. BERLIN, March 23. The Reparations Commission’s Note has created the .deepest impression. The conditions proposed are completely unacceptable, and the political leaders fear that the question will lead to political chaos. It is declared that if the Entente desires the closest union between a German Communistic Government and Bolshevist Russia, no other plan than that proposed need be proffered.—A. and N.Z. Cable. STAGETHUNDER. BERLIN’S UPROAR NOT SERIOUS. LONDON, March 23. (Received March 24, at 5.5 p.m.) The Daily Telegraph’s Berlin correspondent states that the uproar over the Reparation Commission’s Note was not very serious. It was largely stage thunder, which would have rumbled just as loudly if the Commission had proposed the complete cancellation of Germany’s debts. A large proportion of the noise was due to party tactics in order to prove that Republican Governments are essentially bad and weak. Among the factors whicn will exercise a calming effect will b© the annual report of the Handelsgesellchaft, the first of Berlin’s big banks, whose last yearls balance sheet shows a net profit of 62.000. -marks, and, after placing 40.000. marks to 1 " reserve, it will pay a dividend of 16 per cent.—A. and N.Z. Cable.