GERMANY.

Timaru Herald, Volume CVIII, Issue 16885, 5 August 1919, Page 7

GERMANY.

GERMANY'S DEBT. By Electric Telegraph—Copyright. - Australian and N-Z. Cable A<=sn. PARIS, July 31. M. Klatz. Minister of Finance, informed the Peace Committee of the Chamber of Deputies that the total owing by Germany, including the cost of the war, was over a thousand milliards of francs, implying with five per cent, interest . during seventy-five years a liquidation of nearly two thousand milliards of francs. The Allies thought that Germany's resources would make that payment impossible, but they had not declared Germany's inability to pay the cost of the war, and the principle of the debt was established by the Treaty, under which Germany must pay pensions, allowances, and reparations. It would hare been dangerous tofitx a net total owing to fluctuations in values. The figure, however, would be settled by May, 1921.

CONSTITUTION ADOPTED. BY WEIMAR, ASSEMBLY. • WEIMAR, August 1. The new German Constitution has been adopted by 282 votes to 24. ILLEGAL SALE OF SHIP. LONDON, August 1. Britain has notified Holland that she cannot recognise the sale for £220,000 of the Hamburg-Amerika liner sold to a Dutch firm from Germany, as it fell within the armistice and must be sent to a British port. "WILL RISE AGAIN." ; .Received 5.5 p.m., August 4tli. NEW YORK, August 2. The erc-Chancellor added: "Does the League of Nations, which was avowed'•ly created to r.iake wars less possible, desire to perpetuate a feeling and desire for revenge? The German people Will do everything in their power to recover their honour. Should the Entente insist upon humiliating the German people they may in time rise against those'whose hatred has made them insensible to all principles of justics. The peace of Versailles Balkanised Central Europe and placed Ger-man-Anstia in a condition of industrial slavery, hut Germany will rise again." RIOTING AT STRASSBTJRG. '

BERLIN, August 2. Revolutionary demonstrations occurred in Strassburg. Several French officers and soldiers "were kijlecl. Sows wore thrown into the river. THE ARMY OF OCCUPATION. PARIS. August 2. Th'o Supreme Council decided that a French Commander be Commander-in-Chief of the Allied troops at the Rhine.