WAR DEBTS.
GERMANY’S CAPACITY TO PAY. By Telegraph.—Press Assn.—Copyright. Paris, October 24. Lord Robert Cecil, interviewed by tjie Matin, said he did not hesitate to say that France and Britain must agree regarding the inter-Allied debts. They must make sacrifices and renounce even their 22 per cent, of the reparations. Germany’s uncertainty regarding the real extent of her debts was calculated to drive her to a kind of reckless despair which must ruin the bases of national life. The Allies must estimate Germany’s real capacity to pay. If a disagreement arose the League of Nations might usefully intervene to consider the procuring of essential resources through an international loan somewhat similar to that of Austria, imposing on Germany strict conditions. As an essential counterpart we must remedy the error made at Versailles by inducing German minds to work with
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Taranaki Daily News, 27 October 1922, Page 3
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139WAR DEBTS. Taranaki Daily News, 27 October 1922, Page 3
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