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HOW GERMANY SPENT THE WAR INDEMNITY.

An account has been lately published of the "Way in which the indemnity paid by France to Germany on the conclusions of the war of 1870-71 has been spent. Altogether, including the War contributions imposed upon Paris and the departments occupied by the German troops, Germany has received from Prance the sum of 5,254*000,000f., or about£2lo,l6o,ooo. Of this sum £91,748,543 were in the first instance set aside for imperial purposes and the remainder was divided among the several states forming the Empire, the one North German Confederation receiving £79,114,235 ; Bavaria, £13,468,819; Wurtemberg, £4,248,304; Baden, £3,050,593; and Hesse, £1,436,509. Of the £91,748,743 set aside for Imperial purposes, of which £28,023,149 have been appropriated to form a pension fund, £10,800,000 to strengthen, enlarge, and add to the number of the fortified places of the Empire; £8,580,000 for the purchase and construction of railways in Alsace and Lorraine, and £6,000,000 have been placed in the Imperial War Treasury j £600,000, have been awarded in grants for eminent services j £342,740 have been spent in providing a range on which to carry on artillery experiments; £300,000 have been alloted to German subjects expelled from France, while smaller sums have been appropriated to recompense railway companies for the damage done to their rolling stock ; to improve the militaay, telegraphic, and postal services; compensate German shipowners for losses sustained during the war; to extend the military topographical department; to enlarge the artillery workshops at Strasburgh ; to provide commemorative medals, and to construct a building for the Reichstag.—Pall Mall Gazette.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/KUMAT18800319.2.13

Bibliographic details

Kumara Times, Issue 1082, 19 March 1880, Page 3

Word Count
259

HOW GERMANY SPENT THE WAR INDEMNITY. Kumara Times, Issue 1082, 19 March 1880, Page 3

HOW GERMANY SPENT THE WAR INDEMNITY. Kumara Times, Issue 1082, 19 March 1880, Page 3

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