NEW ZEALAND'S SHARE.

Taranaki Daily News, 3 September 1919, Page 5

NEW ZEALAND'S SHARE.

OF GERMAN INDEMNITY,

(By Wire. —Own Correspondent.) Wellington, Last Night. The first estimate approaching any dcfiniteness as to what New Zealand is likely to secure as her share of the amount Germany is to be called upon to pay to meet the war expenses of the Allies was made by the Prime Minister in the House this evening. He said he could not be at all positive on the subject, but, as far as it was possible to judge, New Zealand would get something to meet the amount paid out in the form of pensions and allowances to dependants of soliders. If he were asked to 1 make an estimate of what the Dominion was likely to get he would say it would not be less than ten millions spread over a period of thirty years. The commission set up to to decide what Germany was able to pay, he reminded members, had been authorised to accept debentures extending over thirty years at five per cent., with one per cent, sinking fund. The Dominion's liability in connection with pensions was two millions anually, which capitalised, amounted to about twenty-five millions. Therefore the Dominion was reeiving slightly under half of its expenditure under this head