THE INEVITABLE SMASH
UNEASY FEELING IN GERMANY. (Rec. February 12, 11.50 p.m.) London, February 11. Count von Preysing, speaking in tho Bavarian Upper House, interpellated tlio Government on. Germany's war bill. The taxation after the. war would total nine and a half milliard marks ,(£475,000,000), four times that before the war, necessitating an average taxation of from 50 to 60 per cent, of the incomes, or tho confiscation of capital to a minimum of forty or fifty milliards. Herr Breunime, Finance Minister, admitted that ton milliards would bo required to meet the interest. Other speakers deplored tlie statement as creating an impression that Germany would bo faced with financial ruin unless she got indemnities^ Count Torring, the Crown Prince's brother-in-law, declared that tho Imperial German Goyernmont would not insist on indemnities. They should strive for an honourable peace, not a Paii-Gtrman peace.—Aus.-N.Z. Cable Assn.
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Dominion, Volume 11, Issue 125, 13 February 1918, Page 5
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144THE INEVITABLE SMASH Dominion, Volume 11, Issue 125, 13 February 1918, Page 5
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