HEADLONG TO RUIN
GERMANY'S FINANCES HOPELESS. I London, July Lord Emniett (Director of tho War Trade Department), speaking on tho i'inanco Bill in the House of Lords, said that Germany, relatively, had only made half our offortHa meet the financial burdens of tho war. We were not. only meeting the cost but were providing ior paying off a portion of tho National Debt. If the war lasted very much longer he would viow our position with apprehension, but ho should view Germany's caso with absolute tenror. .11' was now certain that Germ nay would cet no indemnities. She was walking towards bankruptcy, which would possibly result in serious internal trouble. When tho people who made the war would have to pay it might chasten tho German spirit.--Aus.-N.Z. Cable Assn.
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Dominion, Volume 11, Issue 246, 5 July 1918, Page 5
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129HEADLONG TO RUIN Dominion, Volume 11, Issue 246, 5 July 1918, Page 5
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