Show DOCHES CH AUf ARE f I AMAZED AMAlfO AT WAR C T Tremendous Sum Is Wasted in Program of Desp Desperation ration German German German Ger Ger- man Assembly Is r Told old By Associated Press Pre WEIMAR 1 EIMAR Feb 17 Thc iThe German German Ger Ger- vv man people generally do donot donot donot not yet un understand clearly the financial sit situation in which the war has left them an and they are too optimistic declared Dr the minister of ot finance in an address to the tho German national assembly Te apparently astonished the house when he gave sa the statistics to show that the war had c cost t marks Dr then asked the assembly assem bly to vote a credit In the tho form of a aloan aloan aloan loan for tor marks mark the greatest loan the German people ever have hae been asked to raise lie explained x ex- ex explained that last October the the government government govern govern- ment stood on the verge of financial exhaustion It naked Baked for a credit of ot marks but when this was wall refused raised rallied It It by means of ot issues The speaker was WI applauded when he remarked that truth and openness should be the tho basin basis of all an policies and finance HERE ARE EXPENDITURES The finance minister said ald that the expenditures were divided a u as follows 1914 1914 marks 1915 1916 marks marke 1916 1916 1 marks 1917 19 1917 I 7 marks 1918 1918 marks mark In addition marks In treasury bonds bond was Issued and there were credits of marks to allies of ot Germany G making a total of ot nearly marts mark which exceeded l by y marks the credits which had been granted ted Credits made available by loans totaled totaled totaled to to- marks and bonds bonda and notes not issued totaled marks The daily dally expenditure during the war Dr Schiefer added ranged ranKed from marks mark In in 1914 to marks marka in 1918 The minister ex- ex that there had been a steady decrease In expenditure since the signing of ot the armistice WASTE WASTE IS CONDEMNED The condemned d UM the th waste t throughout the war r and characterised Me war finances fl as All a program prom of or desperation lie He said Mid that the sol aol soldiers soldiers' diers' diers and workmen's councils since Ince the war had at times Um been accused unjustly 1 tut ut unfortunately too many councils were not of advantage to the government nt financially GREAT INTEREST BILL Dr S emphasised the Imp Impera Imperative the tive need cod of ot economy conom and said did that the German people look upon expenditures In an entirely different manner than formerly lie said wd that the government fo would need ned marks mark during the current year to cover er Interest payments alone alon lie He said rid lcJ the government ex expected to raf raise marks mark from the sale of ot army stores mores This sum might have ha been m greater If It the stores had nut n t ben been pillaged by the troops troop PROPERTY FOR STATE No o one was waa In a position to II say a whether Germany would be able abl to extricate herself from the present financial situation the finance minister minister min min- ister said ld but It would depend In iii 1 part on the kind of peace the allied powers decided upon Germany must mint be patient dad and watt wait The minister added that Germany needs a social r 1 re generation and declared his hili Intention to punish frauds against the government government govern KO ment more severely than against In In- In lIe He pleaded for tor a a. new conception conception con con- of ot property which eliminate the Individual or put him In III Inthe Inthe the th background making the Individual Id- Id ual feel that he was wits merely administering adminis- adminis his property properly for the tho state HINDENBURG FLAYED FLAVE i I Our expenditures hive Increased not only because of our needs but been because ine of ot bad financial l measures during tho war the minister saidOn saidOn saidOn said On the assumption of ot a a. short war con considerable sums were werft wasted d In en enI enriching enriching en- en Individuals Improperly Improper in I of ot Field addition the war program Marshal von van was deplorable able from an economic point of or view In which he because of ot tho the manner dissipated mone money At the tho conclusion of ot the war unjustified strikes resulted for higher In an nn Insane ne struggle wages thus titus Increasing the expense of ot demobilization demobilisation War expenditures the minister added added add nd- loans of by ed td had been en covered which only tho the interest was covered by taxation There was wall no question Dr said of ot annulling the war loans or of ot savings or cash In banks banis but the government would have to levy taxes In keeping with the economic situation |