GERMAN NEWS.

Hokitika Guardian, 13 September 1921, Page 3

GERMAN NEWS.

AUSTRALIAN AND N.Zv CABLE ASSOCIATION. GERMANY'S* FOOL'S PARADISE. 'Received This Day at 0.40 a.in.) LONDON. Sept. 12. Lord Reavcrbrool; writing in the "Daily Express 4 ’ from Berlin. *a.vs while oil the surface there is prosperity everywhere in Germany, the "’in of inflation which is behind the apparent wealth and luxury will inevitably end in a crash. Germany is going through a postponed hut prolonged Loom, which makes the end of the post-war Loom ot 1919. a tiny thing. There is nothing in the industrial position in Germany treated and impoverished hv the great war to justify the rate at which she is living. As the inflation increases so 11,0 value of the mark declines and spending increases. The recklessness ot lire whole proceeding, is beyond belief. The present fool's paradise in which the country is living is a domestic one. and nothing In do with the export trade. BAVARIA'S 'RIGHTS. BERLIN, Sent, IN A recent' conference between toe German Imperial Government and a Bavarian delegation arrived it a compromise. This the Bavarian <•''" l ' l ment has now rejected. Vim Kahr, the Bavarian I vernier, has resigned, refusing to recognise any diminution of Bavaria's sovereign rights. The Bavarian Minister lor ■lusUe". Rothe. has now resigned on the sai*o grounds as the Premier.