CAN GERMANY PAY?
Experts Examine Report of Committee. United Press Assn. —By Electric Telegraph—Copyright. LONDON, December 17. I A drafting sub-committee consisting l of Signor Beneduce (Italy), Sir Walter : Layton (Britain), Professor Rist ; (France) and Dr Melchior (Germany) have begun work on the report of the ■ Young Plan Advisory Committee, which is engaged at Basle in an exami ination of Germany’s financial capacity. 1 The committee yesterday heard a statement from Dr Homberger on the financial position of German railways, which, under the Young Plan, were to contribute £33,000,000 annually, or an equivalent amount, towards the unconditional annuity of the reparation payments. Exhaustive evidence has been taken of every aspect of German finances, and this has gone to show that all three of the principal sources of money . earmarked to provide reparation payments have suffered substantial diminution. In the meantime other committees are examining the railway accounts and points of detail concerning the German Budget.
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Star (Christchurch), Volume XLIV, Issue 300, 18 December 1931, Page 1
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155CAN GERMANY PAY? Star (Christchurch), Volume XLIV, Issue 300, 18 December 1931, Page 1
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