Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-06-07


last but not least, Of the revenues Of
the state.
I'm addition. our purchasing power on
the worlds markets Is diminished by
the amounts we have to pay in repara-
tions for which we do not receive any
returns. Tribute payments weaken US
as purchasers and compel US. to restrict
our imports. They compel US to In
crease exports against which other
countries are raising stronger and
stronger barriers. The consequence is
embittered intensihcation Of the stfug-
gle for the worlds markets.
THE Retchs government Is compelled
to ask the German nation to shoulder
most heavy burdens and sacrifices In
order to maintain the Reichs insolv-
epcy. This Is prerequisite for the con-
tinuity OF Germany's economic system;
from 1t depend the existences Of mil
lions Of war veterans, the recipients of
public relief, civil servants and en-
ployees.
Good Management Claimed.
Both here and abroad the reproach
has often been raised that we have not
managed our affairs economically
enough. This reproach, as far as Ger
many at the present juncture Is con-
cerned, is wrong. All along the line the
strongest efforts have been made To
throttle expenditure to the lowest bear
able point After the new emergency
DEGREES have gone into effect, the
Reich's expenditure, including the cuts
Of last year, will be less by the gigantic
sum of 1,500,000,000 marks. So far as
can be foreseen under present condi-
tons, the Reich's budget for the eur
rent year will thereby be balanced. The
firm will of the Reich's government ID
that these emergency DEGREES shall be
the last step toward that goal.
In view OF the possibility that the
crisis may continue, our strength milst
not be consumed by despair and dis
content. 1t is the statesmanlike duty
OF the government to make prepare
tons now to master the coming din
culties. That this cannot be done with
out hardships affecting all classes Of
the population can readily be conceived
by men Of discernment.
Tits better, even though 1t hurts, In
orderly fashion to reduce outlays and
demand contributions from those who
still possess incomes than to run the
! risk that payments upon which the
subsistence of the broad masses rests
can no longer be effected
THE German States and Communes
find themselves in a position similar to
the Reich's. They too have economical
drastically and will have to restrict
ment Is under no illusions about the
heaviness of the sacrifice the nation
will make, but the maintenance OF
| budget equilibrium and considerations
for our economic system in view Of its
difiicult position and the serious com
petition in the world market, Justify
the measures taken.
Harnessed All Forces.
1--WE have harnessed all our forces In
| order to meet our obligations incurred
through losing the war. And we have
had to call on foreign assistance in the
widest measure to do this. This Is nc
| longer possible.
THE putting forth Of the last power
| and reserves OF the nation entities the
German government and makes it its
duty towards the German people to tell
the world, the limits Of the privatiens
been reached.
The presuppos:tions upon which the
new plan came into being have been
shown by the course of world develop
ment to have been wrong. The alleyia.
tons the new plan was to bring to tn
German people as was the intent of the
participants and which at first 1t gave
promise Of bringing, have failed tc
realize.
THE government is conscious OF tn,
fact that the direly menaced bushes.
and financial position of the Reich call.
imperatiyely for alienation from the
| unbearable reparations obligat lions. Tit
| economic recovery of the world depend.
upon 1t too.
The German nation is engaged in .
decisive struggle for its future. A gov.
| eminent with a sense of responsibility
must warn against the superstition thai
fruitful success can be obtained with.
! out sacrifice. If the German people ha.
faith in its future, it must resolve Il
stake everything for it, Often German!
In their past history failed to perceiv,
that in critical situation, not q battl,
between the parties, but the will of tn,
entire nation Is decisive in holding out
Such an hour has come. The gov,
eminent can not believe that the new
generation has become SO small-mindec
and the older so feeble that they arr
incapable of uniting In peaceable con
test for our renascence to assert TIT
greatness and idealism of the German
nation as in previous fateful hours.
The government will carry on with
| full confidence in the strength anc
will Of the German people to live.
Berlin, June 6, 1891.
| "(Signed) The Reichs Government"