THE REPARATIONS
AUSTRALIAN AND N.Z. CABLE ASSOCIATION. THE INDEMNITY TERMS. LONDON, May 26 The London “Daily Express” says: “Financial and industrial circles in Rritain are how agitated over the question as to whether Britain’s vital foreign trade can survive after the blunder made in insisting on a cash payment of the German indemnity. The most striking paradox of the whole war is the fact that the defeated nation will emerge the industrial victors. It was folly to require cash instead of material payments. In order to meet cash payments Germany must export double the aggregate amount of the Rritish, German pre-war exports. This fact is slowly sinking into the minds of the business men. When the public fully realise the eonsequenoos of the policy to which diplomacy has committed us, then there will lie an uprising which will change the face of Europe.”
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Hokitika Guardian, 28 May 1921, Page 3
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143THE REPARATIONS Hokitika Guardian, 28 May 1921, Page 3
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