GERMAN REPARATIONS
BOGUS PROSPERITY.
(Australian and N.Z. Cable Assn.) Received December 16, 10.40 p.m. LONDON, December 15.
Replving to a Labour deputation on unemployment, on behalf of which Mr J. 11. Clyncs pointed out that there was no unemployment in France and Germany, Mr Lloyd George stated that the conditions were different in those countries Dr. Rathenau had told him that an ahsolute collapse must be expected in Germany soon if the present conditions continued. , Mr Lloyd .George declared that it Britain copied Germany's example the improvement might last for two or three years, but ultimately unemployment would amount to 5,000,000 or 0,000,000, and the value of earned money would decrease enormously. He agreed that Hie payment of reparation must hurt Germany, but non-payment would greatly injure. France. Ho did not desire to press an over-bearing claim on Germany, but he could not face French public opinion with a refusal to insist on compensation for rebuilding the devastated areas.
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Waikato Times, Volume 94, Issue 14829, 17 December 1921, Page 5
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159GERMAN REPARATIONS Waikato Times, Volume 94, Issue 14829, 17 December 1921, Page 5
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