GERMAN ITEMS

Hokitika Guardian, 24 September 1923, Page 3

GERMAN ITEMS

AUSTRALIAN AND N.Z CADI.E ASSOCIATION. GERMAN OPPOSITION. (Received this d.tv at B.lid a.m.) LONDON. Sept. 22. The “Times” Berlin correspondent says opposition to Stresemaim. Lota from the right and left is growing in bitterness. 'lbis must be taken into account in appraising Germany's capacity to carry out the promise.'. Ihe Extremists on both wings suspect Strcsemnmi of intending to capitulate. Ibe Nationalists have called a meeting to organise a heresy hunt among so-called defeatists. Their leaders have whipped up much political passion at the idea ol aha ll do ll ing passive resistance. I hey declare .Stresemnmi contemplates a resumption ol work in Ruhr without gniirnuLocs for the evacuation. which will mean that Germany for generationsl' will be reduced to slavery, in order to pour money into the bottomless pit of reparations. W ben asked bow they propose to continue the struggle they say active, instead of passive, resistance. When asked bow it will lie possible to finance a war against France, they have no reply. Such an attitude seems fruitless, bill these people control the harvests and in the present mood would use the loud supply for political purposes.

GERMANS BUSHING TRADE. (“Sydney Sun” Cables). (Received Ibis day at 9.0 a.m.) LONDON. Sept. 22. German manulaeturers are flooding the English market with smart tailor made gowns, piireliaseahle in London for four pounds sterling. The dresses are not cut on traditional German otiose lines, luit are made for English figures. English mannequins are employed to display them. FOOD!,ESS STRIKERS. , (Received this day at 9.15 a.m.) LONDON. Sept. 23. Tiie “Times” Cologne correspondent reports foodless mine strikers in the occupied territory, who have not received strike pay, have begun guerilla tactics against farmers, marching i» squads of twenty, and demanding T>;' n ‘ diiec off the farms without pay. The plundering squads are armed with sticks and iron bars. I 1 armors surrendered but have now formed a peasant’s self defence force. GERMANY’S NEW CUREEN(. Y. [ RKUTHItS Tei Ecn.wis.] (lleooived this day at 10.25 a.m.) BERLIN, Sept. 23. A bill for the creation of the new currency provides for the establishment of a currency bank by the agricultural industry, the trade, commerce, banking world and the property owners. The new money will bo called the “bodenmnrk" and the bank will

be independent of Government mlorvcVdioii. ;tt:s capital,, which, will be tax free, is fixed id two thousand four hundred million hodenmarks. A hollo,.mark will he worth ..’InS grammes of fine gold. The hank will he authorised to grant loans to the Minch during the next two years, in bodoninarks, up to two milliards and utter two years thc I funk will he liquidated. The Reich will forthwith receive from the hunk a loan, free of interest, ol three hundred" million hodenmarks wherewith treasury bills discounted h> the Reichbnnk will he redeemed, wh.lo the Mcichsbank on its part will buy hack against hodenmarks the Moich),nuk’s paper money in circulation. 1)0(1 FLESH FOR SALE. REIUJN. Scut. 23. Meat prices arc now so high that n. ‘number of shops arc offering dog flesh for sale.