Germany Needs Large Loan to End Reparation Payments
Berlin reports that Germany must secure a sizable American loan to free itself from repaying reparation sums from its own resources for years. The budget gap for 1922 is vast, with receipts around 195 billion marks and expenditures about 124 billion, plus 226 billion in reparations due. A balanced budget hinges on halting reparation outlays and stabilizing the mark, with the Reichsbank limited to printing restraints.
MENTIONED IN THIS ARTICLE
New York Tribune Inc
Berlin
Germany
Law Committee
Finance Ministry
Thi
Reiel Bank
Paris Doubtful of Big Berlin Loan as Reparations Stand
Paris dispatch reports that despite May 21 events, prospects for a large international loan to Germany remain doubtful amid Allied debt and reparations ambiguities. French sentiment favors a small temporary loan while awaiting clearer reparations settlement and tax adjustments to restore solvency.
MENTIONED IN THIS ARTICLE
the Tribune
New York Tribune Inc
Paris
Germany
France
Sterling Gains Linked to German Reparations Talks
London reports show sterling and marks rising amid Paris Berlin decisions on German reparations and Anglophone political strains. Unemployment edges down, trade remains slack. War Loan bonds retreat as Lloyd George touts Anglo French ties while Ireland unsettles markets and a debt deal looms. Amalgamated Engineering Union members vote for peace.
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Teibvur
News ‘Tribute Inc
London
Paris
Berlin
Hiver
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Wales
Genoa
Ireland
Britain
America
5. P. Morgan
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Germany
Amalgamated Engineering Union
Cuba
Ann Arbor
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ATP
Anne
Dees
Annie
Net
Birmingham
Berne
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Ohio Bo
Rigin Doller
Parnell Corant On U Ts Takia
Zurich
Dominica
Dometean
Kingdom of Bele
Salen
Kingdom of Denimk
California
Nort
St Jane
Canada North
Havana
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Parie-Lyons
Iglivia
Oregon
Tstandart Gas & E & Bop
Nico Bug
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NY Tate
Poe
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Harris, Forbes & Company
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New Orient
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