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PRINCELY PENSIONS

HIGH OFFICIALS FAVOURED. PITTANCES FOR WAR CRIPPLES. (Press Association—By Telegraph-Copyright.) LONDON, December 9. (Received Dec. 10, at 9 p.m.) A message from Berlin states that a confidential memorandum of the Finance Ministry shows that generous pensions have been given to officials and high officers as compared with pittances granted to war cripples. One hundred ex-Chanccllors and cxMinistcrs receive on an average £2OOO apiece, including Herr Michaelis, who held the Chancellorship for three months, and has an income of £ISOO a year. Herr Cuno has a pension of £IOOO, though he also receives £15,000 as manager of a prosperous steamship line. Dr Luther, in addition to a pension, receives £SOOO as Director of the State railways. Fifteen hundred ox-gencrals and 100 ex-admirals share £2,000,000 per annum.—A. and N.Z. Cable.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19261211.2.69

Bibliographic details

Otago Daily Times, Issue 19970, 11 December 1926, Page 13

Word Count
130

PRINCELY PENSIONS Otago Daily Times, Issue 19970, 11 December 1926, Page 13

PRINCELY PENSIONS Otago Daily Times, Issue 19970, 11 December 1926, Page 13

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