Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-11-29
GRAND FoRKg Herald. 2s. 1920.

OF Germany's membership had been,
indefinitely postponed. and II appear
ed from the published information
that this was due As much to German
unwillingnessf Is to French resist
ance.) .--
Finances Of the Oosntry.
In q rounabout way the Reichstas
finally arrived at the very kernel OF
the budget debate. 1t was clear from,
the numerous speeches given that no.
member was particularly anxious to
discuss the problem of GerirAny's
f1nanceA and it had, in fact. not been
directly alluded to before, DE-. SWtrth,;
of finances, appeared before
the Reichstag with his statistics and
calculations. III.
Some OF the figures quoted are Of
interest.
DR.. With said that the total
debt of Germany (without the
unknown quantity Of war indem-
nity) aggregated 26S billion
marks, and this amount before
be- increased to about 2 bill
lions. Referring 70 the almost
az oisapP PSs marx Da' : 81. e W,r,h.
reminded the Reichstag that
before the war 1t cost
the country 1900 marks to lnain-
tain one soldier; the cost today
for each individual soldier Is S24.
coo. He went into details about
the necessary disbursements by
the various branches of the gov
eminent and pointed out that the
immense number Of government
officials could BIC almost halyed.
and that expenditures would ne
accordingly diminished.
TIE expenses for the fiscal year
1921 were estimated at almost SO
billion marks, and the revenue In
sight totaled less than 60 billions; for
this reason DIR. Wirth asked the sane
ton Of the Reichstag to negotiate q
loan to cover the estimated deficit.
1t is no wonder that the tBerliner
.Tageblatt remarks:
This budget estimate is, with Its
huge deficit, the most discouraglns
set of figures that has ever been pres
scented to a parliament
And What of the Future:
Germans who follow the Develop
ment of events within their own
country with close attention are ask
ing: What of the future? The rev.
elation of the tragedy of finances has
discouraged everyone, and even the
habitual optimists in Germany are
unable to see any light ahead.
Industrial depression is pre-.
[vailing everywhere: the value Of
the currency of the country Is
still shrinking: social disturb
ances arc threatening In cOnse
Quencc Of the recent scilism with.
i'm the ranks of thc "indcpcnd-
cnt' Socialists: the burden of CHI
envy occupation (thc expenses OF
which Germany must dcfray) is
felt not merely by the occupied
provinces. along the banks OF the
Rhine. but by the entire country;
the uncertainty as to the amount
of the war indemnity which the.
Allies will ultimately decide upon,
1lls the German nation with fear
and the nearneSs OF a fucl-lcss
winter inspires the people with
the thought that the ancient Ger
man God has forgotten what
they. in the heyday of their
glory, thought a. his favorite
nation.
They have now been bereft of all
illusions. Hopes. are shattered-and
the fact of the most crushing defeat
in the history of the world has at last
!dawned upon them. 1t required cold
| figures to carry that lesson home to
1.-THE Germans
TheS have learned it. have, indeed
| made ftIndS1lhle in the national con-
| sciousness O more than one future
| generation.
] can't SEE Why Did oil paintings
are SO high priced. when oil was so
cheap in the old days. Now. if they
ere made with gasoline-wellN