GERMANY'S GAMBLE
Livelihood Mortgaged to Armaments (Received 1, 8.45 a.m.) LONDON, Jan. 31. Oomputing on Germany's official fig* ures she is spending £1,000,000,000 0 year on axming, an article in the February issue of "The Banker" says that Germany's economic ills are mostly the resnlt of rearmament, accentuated by extravagance in publie expenditure. Drawing attention to the constaxxf stream of propaganda from Germany, "The Banker'' points out that it i* very elear from the standDoint of the investor that Germany is a bottomlesl pit. Germaa political leaders are gambling with th© nation'a livelihood axjd are prepared to gaxnble with the live* of their people. Commenting on the oolonial claims, "Tho Banker" argues that as the Ger«« man colonies are of little economio value it is hard to resist fche oonclu* sion that it is not the former Ger* man colonies that Gemany requires, but the older and more developed poo* sessions of other Powers. She could use her ex-colonies as bases for the expansion of German influence iu neighbouring territories. Any finaneia^ ! or tenitori^. conc^ssions would encour* age a poli% of blackmail.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HBHETR19370201.2.56
Bibliographic details
Hawke's Bay Herald-Tribune, Issue 14, 1 February 1937, Page 7
Word Count
182GERMANY'S GAMBLE Hawke's Bay Herald-Tribune, Issue 14, 1 February 1937, Page 7
Using This Item
NZME is the copyright owner for the Hawke's Bay Herald-Tribune. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in