GERMAN ITEMS

Hokitika Guardian, 10 August 1923, Page 2

GERMAN ITEMS

AUSTRALIAN AND N.Z. CABLE ASSOCIATION,

GERMANY’S ONLY HOPE

BERLIN, Aug. 8

Chancellor ICuuo, speaking in the Reichstag, dealt with Germany's attitude on foreign and internal matters. He was subjected to considerable interruption by the Communists, and at times was almost inaudible. Herr Cutio said it was dangerous and senseless to expect or hope for sympathy where there was none. He saw no reason to hope for any results following on Britain’s interposition, for what England might consider tho best interests of Germany was no business of the German Government. England had made groat sacrifices for France. Germany must expect hor sufferings to continue. She must depend upon hot own efforts. Chancellor Cuno, further addressing the Reichstag, said Germany stood alone, and would have to help herself. There was a passive resistance, apart from acts of sabotage, which were senseless and without reason, and that would have to be continued. The population of the Ruhr would ho supported.

THE MARK. LONDON. Aug. 8. Tho exchange on Berlin has suffered „ further sensational collapse, touching ‘>7,000 000 marks to the pound. and closing nt about 21.000.000 though the business done was practically nil. A financial authority points out that German marks to-day are vn a far worse position than the Austrian krone was when Austria was compelled to call the nations of the world or collapse. It is believed the time is fast approaching when Germany must sec foreign aid, and revert to a currency other than the mark. BRITISH TRADE WITH GERMANY. LONDON, Aug. 9. The Board of Trade journal publishes a table showing the value of Bntish imports from Germany. In the first half of 1923. the imports tot.i lo L'l 7 000,009. The exports ol Bntisn produce and manufactures to Germany were £*>3 750,000. British re-expoits of foreign and colonial products to Germany were worth L 10.200.000. Fhese figures indicate an increasing ti.ule, spite the political problems. Tho corresponding figures fot th whole of 1922 were:: Imports £2o.OWOOO; exports. £32.000,000; re-exports. £17,000.000. ~ Britain’s chief imports from many are iron and stcol.mnm.factn. a. papers, cardboard, chemicals, toes, anti games. The chief exports to Germany are coal, coke, cotton, woollens, wor tcds, varus. The chief re-exports nu raw wool, furs and skins.

HERR CTNO’S SPEECH. COMMUNISTS INTERJECT. ENGLAND BLAMED. ■Received this day at 8.30 a.m.) LONDON, Aug. 8. Th- “Daily Express” Berlin correspondent says' that Herr Cuno has proposed three financial measures, namely : (1) An internal loan on a g«hl basts, (L>) eort:un new taxes and d) what lie called assistance to economic hf«. When he exhorted the people to work more and save more the Communists shouted: “We work, you save.” This outburst expresses the feeling of the masses that ail the Government's measures will only lead to a further exploitation of the workets, while powerful magnates like Herr Slipnes will be allowed to profiteer in billions of marks. Germany would not entertain separate negotiations with France and would not give up territory or accept as a condition the cessation of passive resistance in the Ruhr. Germany refused to work under the bayonets of her oppressors. The taking ol the Ruhr under her own management by France was brutal and spiteful. A measure in reference to the Ruhr workers was greeted with shouts by the Communists: "They’re traitors.”

Britain’s proposals for the solution of the reparations problem were unpleasant and tho Government was prepared to fight the . servants of the French capitalists with all its power. If they gave in to M. Poincare's policy it would mean that the provisions of the Versailles Treaty, already had for Germane, would he more so.

The "Daily Telegraph” states that the cry of "Colt Strafe England” is again becoming popular in Germany. Public opinion lias turned because the Germans believe that they have been hi down by England. It was generally anticipated that England would as-si-t against France’s' policy.