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GERMAN PLANT TO PAY FOR REPARATIONS

Received Thurpdav, 7.1o p.m. BOXDOX, Oct. 2. A joint list of plnnt w'nicli is to bo disnuintleil as repanuions in the comliined Anglo-Aniei'icau zones of Oermuny, is exjiected to be issued this week. General Olay, I'nited States -Military Govemor, at ' a press eoxfcrence in Berlin yesterday, said lie estimated the value of sucli plant at £2.111,0(11), ()0(i. Tiie dismantling. prograninie, he said, was based on tlic new level of industrv plan and had been \cry carefully determiued so that there would be an . integrated and selfsustaining industrv in the two western zones. If the Gernian people analysed the new level .of. indus-try left to them, tliev would tind it would tal-.e them all their effort s to get it going in the next live or six years and timi it promised thcui a reasonable standard of living. During these five or six years they would be getting substantial lielp from Ainerica and Britain- — help without which they could not reaeh tliat level of industrv at all. In any case the value of the plant to be taken would be less thaii the help provided by Ainerica and Britain in any one year , of the occupation. He did not expect any organised refusal by the German.i to dismantle the plant. A deliberate sabotage of the Allied policv in thi - way, should it oceur, would " lessen the readiness of the American and Br; tish peo])le to pay for food for Ger many". The Allied authorities, Genero. Clav added, nught decide to cut food supplies if there were any deliberat. i resistance by Gernian ' labour t dismantling.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHRONL19471003.2.30

Bibliographic details

Chronicle (Levin), 3 October 1947, Page 5

Word Count
270

GERMAN PLANT TO PAY FOR REPARATIONS Chronicle (Levin), 3 October 1947, Page 5

GERMAN PLANT TO PAY FOR REPARATIONS Chronicle (Levin), 3 October 1947, Page 5

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