Salt Lake Telegram | 1914-09-28 | Page 1 | Germany Ready Financially for a Long War

GERMANY READY FI FINANCIALLY NAN Y I fOR A LONG LOC WAR AR BERLIN Sept 28 via ViR London p. p m. m The Thc The response nl of th the German pub pub- lie He to the efforts of the government to raise a war ar fund of marks 1 like has it is assorted removed removed re reo moved all anxiety the tho nation may mar have havo had regarding its ability to meet financial financial finan finan- financial cial obligations duo u to the war Originally tho the allowed a avar war var credit of ot marks in addition to the war treasure and of this thi amount marks has been subscribed b by tho the public without straining straining strain strain- ing n seriously the tho financial resources of the empire According to a military authorities the tho war is costing Germany about 20 20 marks a day in in- elusive of the monc money spent on behalf of those who hav ha been deprived of their bread winners The means of tho the government o at nt the beginning of the war not counting the permanent war treasure but including the tho reserve funds of t tho 0 1 amounted to about marks which in the meantime e however has been considerably increased in increased in- in creased through tho issue of notes It is tho thought therefore that the tho money available for tho the purpose of the campal campaign can be increased if necessary b by several billion marks Tho The amount which the tho government could borrow from tho the R iff is unknown not not- the at tha present time but it is estimated at about 3 1500 marks makin making a total of marks 2000 At tho ho rate of marks a day ay this sum would permit permit per por- mit Germany to carry carryon on the war for over o a year rear It is ie claimed hero here that these estimates concerning Germanys Germany's financial resources aro are low rather than high