REPARATIONS.
REPLY FROM GERMANY. FOREIGN LOAN WANTED. By Telegraph.—Press Assn. —Copyright. London, April 10. The Berlin correspondent of the Daily News states that the principal points of the German reply to the Allied demands are:— (1) The rejection of the demand to raise forty-six million sterling by new taxation. (2) The rejection of the demand for an investigation of Germany’s capacity to pay on the basis of the Peace Treaty. (3) Germany is unable to pay cash without a foreign loan. (4) The reply stresses the grave economic and social conditions provoked by rising prices and inadequate wages. (5) Germany is prepared to submit a statement of the financial and economic situation. The reply emphasises that if foreign money is not available during 1922 famine confronts the population, and insists that only through a foreign loan can the reparations be payable.
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https://paperspast.natlib.govt.nz/newspapers/TDN19220411.2.38
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Taranaki Daily News, 11 April 1922, Page 5
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141REPARATIONS. Taranaki Daily News, 11 April 1922, Page 5
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