GERMAN WAR BILL.
ACCORDING to Swiss reports, German information states that the war expenditure of the German Empire up to date amounts to £5,00000,000. This sum represents, according to German estimates, onethird of the national fortune of the Empire. This enormous sum can never be paid except in I lie shape of an indemnity exacted from the Entente to cover this expenditure. But these German assertions are totally erroneous. The national fortune of Germany never reached £15,000,000,000. A large part of the German wealth lay in credits abroad and in industrial undertakings at home presented to the world as a solid increment: of growing wealth, based, not on acquired fortune like Britain's, but on commercial blutl and the disciplined labour of the German people. The German press has received the order to lay stress on the enormous indemnity which will be required from the Entente, and, of course, in the Hrst place from Britain.
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Manawatu Herald, Volume XXXIX, Issue 1692, 29 March 1917, Page 2
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154GERMAN WAR BILL. Manawatu Herald, Volume XXXIX, Issue 1692, 29 March 1917, Page 2
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