GERMAN DEBTS.
x PAYMENTS CEASE. By Telegraph.—Press Assn.—Copyright. Paris, July 16. An official German Note announces the cessation of the payment of prewar commercial debts and compensation respecting wartime seizure; of private* property. Neither class of payment comes under *the jurisdiction of the Reparations Commission, but are administered by a special clearing office, which agreed on a German monthly payment of two millions. The payments of arrears in the liabilities to France alone are 18 million sterling. Germany requests a reduction of the instalments to half a million. The French Press is agitated at this development and insists on non-qompliance with the request without the strictest scrutiny.
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Taranaki Daily News, 18 July 1922, Page 3
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107GERMAN DEBTS. Taranaki Daily News, 18 July 1922, Page 3
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