GERMAN ITEMS

Hokitika Guardian, 11 September 1923, Page 3

GERMAN ITEMS

LATEST CABLE NEWS

AUSTRALIAN AND N.Z. CABLE ASSOCIATION. KEYNOTE of POINCARE'S .SPEECH. LONDON, September 9. A Paris correspondent say-: ‘ I shall be ready to change my them,, when France has definitely triumphed,” was the keynote of M. Poincare - speech at D-mivillers. Ihe whole of I'l'alue is behind M. Poincare in refusing t" budge a hair’s breadth until the passive resistant«■ ceases. Industrial co-opcra-tiou must come later, GERMAN CURRENCY. (Received this day at 12 noonV LONDON, Hept. 10. According to the “Daily Express,” twice weekly lately the Dutch royal mail aeroplane has landed at l.ympnc carrying a solitary foreign passenger, guaiding large packets of new, nr, soiled German currency notes. Each cargo is valued at fifty thousand million marks. After the customs passport examinations had been completed the packages are t.ranslerred to a British machine previously engaged by telegram, which rushed to Cologne at one hundred miles an hour. The explanation of the mysterious aerial journeys is that enormous sums of German currency are conveyed from Rotterdam to Cologne, wilh the alleged object of introducing money into the occupied area without reference to French officials who are not encountered on the circuitous route. GERMANY FEELING THE PINCH. [‘‘The Times” Service.j (Received Inis dnv id 9.25 n.m.) LONDON. Hept. Id. The “Times” Berlin correspondent says though it i- denied that Germany has opened negotiations with France L> terminate the Ruhr struggle, hut it: is widely admitted t hat outlines thereof have been formulated in readiness for a suitable opportunity. The view that sooner or later. Germany’s financial straits will compel the Government to approach France, finds expression in the “Vossiselie Zeitung” which says this view is held in responsible circles both in Berlin and Ruhr. A financial debacle call only lie averted by balancing the budget which is impossible while passive resistance is subsidised.