GERMAN INDEMNITY

Dominion, Volume 14, Issue 120, 14 February 1921, Page 5

GERMAN INDEMNITY

PAYMENT IN MANUFACTURED GOODS SUGGESTED FRANCE REJECTS THE IDEA By Telegraph—Press Association-Copyright. (Rec. February 13. 5.5 p.m.) Paris, February 12. M. Loucheur, Minister of Reparations, informed the Senate Committee which is dealing with the liberated regions that the Government rejects the idea of Germany paying her indemnity in manufactured goods. He said that the Allied committee of experts determining 1 tho amount payable in cash and kind had suggested 25 per cent, in cash and 75 per cent, in kind, such as wood, coal, and nitrates.—Aus.-N.Z. Cable Assn. CONTRIBUTION TO PAYMENTS GERMAN WORKERS’ DECISION. London, February 11. The "Yorkshire Observer” states that it xr, rejwrted that twenty million German workers of all trades have decided to contribute the proceeds of one hour’s work daily towards the reparation pay-ments.—Aus.-N.Z. Cable Assn. COST TO INDIVIDUAL WORKERS. (Rec. February 13, 11.5 p.m.) Berlin, February 12. Professor Schneking, writing in the. “Tageblatt,” estimates that the reparations will cost every worker GMO marks annually from average earnings of 15,000 marks.- —Aus.-N.Z. Cable Assn. TO RECAPTUrFwORLD’S MARKETS TREMENDOUS GERMAN EI'TOR’A (Rec. February 13, 5.5 p.m.) Paris, February 12. M. Laurent, French Ambassador at Beilin, states that Germany has been preparing for months for a tremendous industrial and commercial effort io recapture tho world's markets. "She is not suffering from a coal shortage, and her complaints regarding transport are exaggerated,” he declares. —Aus.-N.Z. Cable Assn.