GERMAN REPARATIONS
EFFECT OF CASH PAYMENTS. DIRE CONSEQUENCES PREDICTED. (Australian and N.Z. Cable Assn.) Received May 27, 8.30 p.m. LONDON, May 27. The Daily Express says that linancial and industrial circles are agitated over the question whether Britain's vital foreign trade can survive the blunder of insisting on a casli payment of German Indemnity. The most striking paradox of the whole war is the fact that the defeated nation emerges an industrial victor. The folly of requiring cash instead of material payments, in order to meet which Germany must export double the aggregate" of British-German pre-war exports, is slowly sinking into the minds of business men, and when the public fully realises the consequences of the policy to which diplomacy has coinmilled us, there will lie an uprising which will change the face of Europe.
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Bibliographic details
Waikato Times, Volume 94, Issue 14663, 28 May 1921, Page 5
Word Count
135GERMAN REPARATIONS Waikato Times, Volume 94, Issue 14663, 28 May 1921, Page 5
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