MILLIONS FOR MAGNATES.
WHERE LOAN TO GERMANY WENT.
A COLOSSAL SCANDAL.
(Sydney Sun Cables.) (Received Jan. 31, 11 a.m.) LONDON, Jan. 30. The Daily Mail’s Berlin correspondent says the Reichstag’s Finance Committee discovered that- the Ministry of Finance had paid the Ruhr industrialists £32,750,000 compensation against loss resulting from the French occupation. The Vorwaetts points out that nearly the whole of the forty millions of the international loan Germany received under the Dawes scheme was presented to. a. handful of great industrialists without, Parliamentary, sanction.
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Bibliographic details
Poverty Bay Herald, Volume LI, Issue 16649, 31 January 1925, Page 7
Word Count
85MILLIONS FOR MAGNATES. Poverty Bay Herald, Volume LI, Issue 16649, 31 January 1925, Page 7
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