Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-12-05
BERLIN OPINION DIVIDED
ON INDEMNITY QUESTION
Financicrs Disagree With Gov
eminent Officials on Eco
monte Tanglc.
wrnru FACES DIFFICULTY
,2tInri Z" Maintain Secrecy on Any
rlnns tnit Dr. itnihcEau Rrturns
ir"m London n.rr lie Is Dis
"rs. !nS Situat.ur.

BEELi%. Dec. with little more
than % month IN which to work out
solution OF the separations and
economic tangic. which has disrupted
'h" entire financial system OF Eu-
rope. German opinion Is sharply di-
Nidcd between The Berlin nnanciers
ON the one hand aud the government
.u the other
y majority of Berlin bankers and
economists hold that Germany has
done everything that could lie g.
poc,cd OF her - demonstrate her good
Intentions and fuliiil her obligations.
"Now that wo have failed" they
Say, 'irt tnc other side aud II way out
II the difficulties"
refuses 10 Throw Up Hands.
The government, headed by Chan
.rilOr Wir''. ''' - ",. IN It's
nlpds aud Win tho bac.!ng OF Il
greater part OF the population. 'favors
at least nm attcr'pt 20 formulate new
proposals on the husls OF present IN
dustrial conditions in the republic.
To this situation, DR.. Walter TIA
lhcnau. the German economic envoy.
who has been discussing the situa-
tion in London with officials OF the
British Treasury. holds the key I'm
III his return 10 Berlin, il Is prob
able that the government will main
tain close secrecy on any plans it
may have FOR meeting the crisis. for
isathcuau's reports on Great Britain's
attitude are expected greatly TO in
lucnce Germany's future course.
The greatest difficulty faced by
Chancellor Wirth is to find a minis
ter OF finance with sufficient courage
and imagination to attempt reor-
canization OF the nations Internal
finances and to devise methods OF
raising the money by which Germany
can meet. ut least in part. here repu-
y..tiuns obligations.
Must obtain Loan.
we cannot pay the next repara-
lions instalmcnt," declared Herr
rremcr. director OF the cconomio
council and member OF the crcdI,
committee recently appointed by the
chancellor, unless we obtain Il loan
for which German industry must pro-
>idc the guarantees. In addition TO
this, we must have a moratorium for
three years. nj which we may he en-
abled to remove all government de-
lcts, including those in the rail-
way and postal departments"
we could balance our Internal
l,udgct within a year, IL the Reich
stag passes ut once the proposed tax
program" crcmer continued. II
don't know what conditions tho allies
will attach to the granting OF
moratorium. but II they are within
reasonable limits, we would gladly
accept them"
ANY conditions accompanying such
:. moratorium" said Councillor Cuno.
in an interview with the United News,
"nust lie discussed In u conference
after the conclusion OF peace. Ger
many and America contain the only
economists and lnarcicrs capable OF
solving the problems. Other coun-
tries put forward their politicians to
settle tho question. and these politi-
clans are always ovcrinsistent on
maintaining the prestige of their
countries.
discussion OF tho moratorium.
moreover, must be accompanied by
discussion of the entire separations
question arranging details, which
Will permit us TO repay by our labor
which is the only wealth we have
left"