POVERTY A MASK.
GERMANY HAS MONEY, DEVELOPMENT PLANS ANXIETY OF. By Telegraph.—Press Assn.—Copyright. Received July 1, 5.5 p.m. Paris, June 30. A statement concerning reparations was made in the Senate by the Premier (M. Poincare). He declared Germany’s apparent poverty was simply a pretence. Germany was spending on her commercial fleet twelve milliards that ought to go to the Allies. Germany was buying back vessels surrendered to Britain and building many new ones. The German mercantile fleet was now the third commercial fleet in the world- Germany was also carrying out considerable works for the improvement and extension of her railways. M. Poincare said the allies must insist on the application of real exportation taxes and the money Germans made abroad must be made available for reparations. Severe control of Germany’s finances must be established, and if Germany refused to accept suoh control the Allies should be able to take measures collectively or separately. — Reuter Service.
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Taranaki Daily News, 3 July 1922, Page 5
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156POVERTY A MASK. Taranaki Daily News, 3 July 1922, Page 5
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