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Show i ! i GermaiyU Debt Til I; Wall Street .Journal figures that if (ier- many paid the allied demands in full on May 1, tojt, the indemnity would total only the equivalent of $ 1 !, 141,000,0011 which, in rough figures. Is only a third more than the allies owe the t'nited States. But (ierinany's 'payments are to be deferred so that the final payment will fall due in 19c). During that period, compound interest will have increased the indemnity to 56,5oo.ooo,ooo. It will be correspondingly less if Germany pays in full sooner. Can Germany pay that much? In I'M J the great Dresdener bank one of Germany's four "l" banks, most powerful money trust of Europe Issued a booklet in honor of the kaiser's silver jubilee. This booklet boasted that Germany's national wealth was equivalent to $270,000,000,000. Give Germany the benefit of the doubt and subtract the $62,5oo,ooo,ooo which Privy Councilor Coun-cilor Mick num. recently claimed as the amount Germany has lost in forfeited territory and supplies. sup-plies. On that basis the principal of the proposed indemnity Is only about six and a half per tenr of Germany's national wealth. The Dresdener booklet further claimed that Germany's normal increase in national wealth is equal to about H.ooo.ooo.ooo a year. That increase would come very close to paying the total indemnity. Of course, figures can be juggled to show anything, but the above statistics are Germany's own and Germany surely knows the truth about her wealth and earning power. |