LOOKING AHEAD
Sir,— ‘Var defeat has evidently hit the German capitalists hard. German official figures show that the number of those with fortunes of one million marks or over has decreased from 15,549 in 1914 to: 2,235 in 1928, and the number of those with £500,000 or over, from 229 to 33, while the German workers are no worse off than in 1914 as rising wages have followed
rising taxation. From this it appears that the burden of war reparations has to be borne by the capitalist class which, to me, seems a glaring injustice that may help to explain the causes of the struggle to reduce wages resulting in disastrous labour strikes and the dislocation of industry to the detriment of society. How consoling to all who can see it is the dawning of the future classless society with equal share of work and pleasure for all and in which wars, poverty and taxatio* will all be unknown. ■WILLIAM PERST. Great Barrier Island. J
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Sun (Auckland), Volume III, Issue 868, 11 January 1930, Page 8
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165LOOKING AHEAD Sun (Auckland), Volume III, Issue 868, 11 January 1930, Page 8
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