GERMAN ITEMS

Hokitika Guardian, 22 January 1927, Page 3

GERMAN ITEMS

[Australian & N.Z. Cablo Association

HINDEX I? ITIt G’ S AV P E AI.

BERLIN. January 20

President Von Hiudenburg lias written to Dr Marx urging the speedy lormatinii of a Cabinet, including the Nationalists, President llindcnburg’s own party.

The President's letter appeals to nil parties to forget their differences, out of loyalty to the Fatherland, and the constitution, hut it adds: “If the Socialists are not represented, it will ho the Cabinet’s special task to safeguard the interests of the workers.” T)r Marx has accepted President Von Hindenburg’s summons, and will undertake negotiations with the Nationalists forthwith; hut he will demand that the* Accept Herr Stresomann’s eoucilntory foreign policy. In view of President Von Tlindenburg’s implied appeal to his own party, there is a good prospect of solving the Cabinet problems. GERMAN LOANS. LONDON. January 20. The “Morning Post’s” Rerlin correspondent says:—The country’s financial position is regarded as being sufficiently strong to enable it to dispense now with foreign loans, and to resort to home borrowing. Ihe tree State of Baden is issuing a six per cent internal ioan of approximately C 1.650.000. The city of Stuttgart has obtained authority to issue a loan of fifteen to twenty million marks. Krupps are issuing a loan of three million sterling. Germany up to the middle of December, had borrowed from foreign countries—mainly from the 1 nitecl States, England and Holland—about £lO3, 000.000.