REPARATIONS.

Taranaki Daily News, 25 March 1922, Page 5

REPARATIONS.

ALLIES’ LATEST DEMANDS. ANNOYANCE IN GERMANY. By Telegraph.—Press Assn.—Copyright. Berlin, March 23. The Reparations Commission’s Note has created the deepest impression. The conditions proposed are completely unacceptable, and political leaders fear the question will lead to political chaos. It is declared that if the Entente desires the closest union between a German Communist Government and Bolshevik Russia, no other plan than that proposed need be proffered. THE UPROAR IN GERMANY. LARGELY STAGE THUNDER. Received March 24, 5.5 p.m. London, March 23. The Daily Telegraph’s Berlin correspondent states the uproar over the Reparation. Commission's note I not take very seriously; it was largely stage thunder, which would have rumbled just as loudly if the commission had proposed the complete cancellation of Germany’s debts. Another large proportion of the noise was due to party tactics in order to prove the Republican Governments are essentially bad and weak. Among the factors which exercise a calming effect will be the annual report of the Handelsgesellchaft, the first of Berlin’s big banks, whose last year’s balance-sheet shows a net profit of sixty-two million marks, and after placing forty millions to reserve, pays a dividend of sixteen per cent.— Aus.-N.Z. Cable Assn.