Germany a Bottomless Pit
COLOSSAL ARMAMENT EXPENDITURE AND EXTRAVAGANCE
WHAT COLONIES DOES SHE WANT? United Press Association—By Electric Telegraph.—Copyright. Received Sunday, 7 p.m. LONDON, Jan. 30. Computing on Germany’s official figures she is spending £1,000,000,000 yearly in arming, an article in the February issue of The Banker says Germany’s economic ills aro mostly the result of rearmament, accentuated by extravagance in public expenditure. Drawing attention to the constant stream of propaganda from Germany The Banker points out that it is very clear from tho standpoint of the investor that Germany is a bottomless pit. German political leaders are gambling with livelihood r.uc. are prepared tu gamble with the lives of their people. Commenting on the colonial claims Tho Banker argue 3 that as the German colonies are of little economic value it is hard to resist the conclusion that it is not the former German colonies that Germany requires but the older and . more developed possessions of other Powers. She could use her excolonies as bases for the expansion of German influence in neighbouring territories. Any financial or territorial concessions would encourage a policy of blackmail.
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Manawatu Times, Volume 62, Issue 26, 1 February 1937, Page 7
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186Germany a Bottomless Pit Manawatu Times, Volume 62, Issue 26, 1 February 1937, Page 7
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