GERMAN FINANCE
IS BANKRUPTCY IN SIGHT?
Amsterdam, January 19
The Berlin financial weekly, "Plutns," says an indemnity is an imperative necessity to Germany. If the war ends in June, it will have cost six thousand millions sterling, and the highest income tax, and succession duties on tho most productive monopolies would not enable Germany to raise the necessary interest for the redemption of the money. The sum of £2,250,000,000 might be obtained by confiscating 30 per cent, of the private property in Germany; therefore it is essential to get at least this amount as a war in-demnity.—Aus.-N.Z. Cable Assn.
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Dominion, Volume 10, Issue 2983, 22 January 1917, Page 6
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99GERMAN FINANCE Dominion, Volume 10, Issue 2983, 22 January 1917, Page 6
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