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Show GERMANY 1ST . ALTEH BUDGET AGENT GENERAL CONDEMNS SYSTEM OF SUBVENTIONS AND LOANS TO STATES Not Lack of Revenue, Raising of Expenditures That Threatens Trouble Berlin Emphatic criticism of Germany's Ger-many's bugetary policies and a warning warn-ing that the existing Bystem of subventions, sub-ventions, loans and financial relief to the German federated states without due regard for their financial requirements, require-ments, is decidedly inimical to sound rehabilitation of German economy, are prominent feutures of Parker Gilbert, Jr.'s report to the reparations commission com-mission covering the first nine months of the third annuity year expiring August Au-gust 31. The report, which Is more exhaustive exhaus-tive than any previous accounting giv--n by the agent general for reparations repara-tions for an interim period, states that the experts' plan is proceeding normally nor-mally In its execution. Payments and deliveries for the benefit of the creditor cred-itor powers have gone forward regularly reg-ularly without interfering with the stability of German exchanges. Germany has paid approximately 984,000,000 gold marks' of a total of 1.500,000,000 prescribed in the plan foi . the period under discussion. |