| OCR Text |
Show WHO WILL PAY WAR EXPENSES? Germany Expects to Make Her Foes Pay, Says Financial Writer. Berlin. The Overseas News agency in an item given out for transmission says : "George Bernhard. one of Germany's best known financial writers, in an editorial edi-torial in the Vosslche Zeitung. says the recent statement by Dr. Karl Helf-ferteh, Helf-ferteh, the German minister of finance, that the enemies of the central powers would have to pay the larger part of German, Austrian and Turkish war expenses, ex-penses, could be more easily put into effect than is believed by many pessimists. pessi-mists. Germany, he points out, holds wide strips of valuable land to the east and to the west. If these lands are returned to their former owners they must pay the price fixed by the victors, the writer declares. If the territory ter-ritory be retained it would increase the national wealth and the actual amount of tax receipts. The refined financial technique of modern times, he argues, would permit arrangements for the paying off of such war debts without with-out disturbance of the money market. |
