TIDE TURNED.
HOPES FOR GERMANY’S RECOVERY. MIRACULOUS CHANGES DUE TO LOWER PRICES. By ’Delegraph— Press Association—Copyright Australian and N.Z. Cable Association (Deceived December 11, 9.15 a.m.) LONDON, IlecemDer 10. Tho Berlin correspondent of tho “Daily Telegraph ’’ says: The mere statement ol figures by which the Roichstng carried the New Powers Bill gives no hint of the anxious manoeuvring or tho airgrv threats by tho majority ns obtained. The prospect of a dissolution and tho loss of their Parliamentary salaries for three winter months produced among iho Socialists a feeling of contrition for their blunder in throwing out Dr Streseinann. The tide in Germany’s affairs has now turned, and if taken at the flood may lead to healthy financial and economic conditions. Tho improvement which the past fortnight has brought in tho conditions, life and spirit of the people lias been miracuIcms. It is chiefly due to the rapid la/1 in food prices, but everything will go to the dogs unless the Government determines to cover the bulk of its expenditure from taxes.
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Bibliographic details
Star (Christchurch), Issue 17220, 11 December 1923, Page 7
Word Count
172TIDE TURNED. Star (Christchurch), Issue 17220, 11 December 1923, Page 7
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