GERMANY’S DEBT.
“PAYMENTS CANNOT BE MADE” EX-CHANCELLOR’S SPEECH. By Telegraph.—Press Assn—-Copyright. Received Sept. 27, 12.40 a.m. Paris, Sept. 26. Speaking at Essen Herr vo> Simone, a former Chancellor, stated that every impartial observer recognised that the payments demanded by the Allies could not be made. Germany was not in a position to supply coin in the sums demanded, even, for one year. The only way to settle monetary matters seemed to be by the granting of a long term of credits, for which Germany looked to America, but there the situation had changed. Herr Simone advocated international conferences to settle the problems of exchange and raw material.
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Taranaki Daily News, 27 September 1921, Page 5
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107GERMANY’S DEBT. Taranaki Daily News, 27 September 1921, Page 5
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