The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-01-12
GERMANS SEEK
FOREIGN TRADE
TO PAY DEBTS
Dietrich Says His Nation Is
Willing to Meet
Obligations.
ASKS TARIFF REVISION
Minister of Finance Hopes
for Won Hindenburg
Reelection.
BY FREDERICK KUN
United Press Stah Correspondent

copyright. 1892. by United Press
BERLIN, Jan. 12.-Downward
revision of tariff barriers the world
over would create "a new situation
with respect to Gerrnany's capacity
to pay her world war debts and
reparations," Minister of Finance
Herman Dietrich told the United
Press today in an exclusive inter-
view.
Germany believes that the pres
ent world distreSs-agg ravated UNI
der the pressure Of PREPARATIONS
will lead her creditors to q final
solution.
THAT is why every effort must
be made to keep the Lausanne con-
ference sitting until an ultimate
solution is attained" Dietrich said.
Handicapped by Tariffs
"The report of the Young plan
advisory committee at Basic Con-
firmed conditions upon which the
authors of the plan based their
findings have not been realized" the
finance minister continued.
Germany feels handicapped by
tariff increases, contingent sys-
TENS placed on imports, and en-
hsrgoes introduced in many coun-
tries despite the fact that both the
Dawes and Young plans agreed that
Germany could pay only from re-
ceipts Of her foreign trade" he said.
IF Germany can not pay, this is
not due to her i'll will, but because
paying is a financial and economic
accessibility. In addition, we
ought to consider that Germany
must repay her private debts. She
is determined not to evade these
obligations, although payment is
blocked at present.
Wants Trade Expansion
IF tariff barriers fell throughout
the world, Germany could expand
her foreign trade by several billion
marks and thereby create a new
situation with respect to her
capacity to pay"
Dietrich said that Chancellor
Heinrich Bruening's statement on
Germanys inability to pay repara-
tons did not mean her unwilling
ness to pay.
He talked with the correspondent
for an hour in his Office between
Volts from other members of the
cabinet. He sat at his desk and
chatted in good humor despite his
cares in nursing Germany's ema-
ciated finances, and sharing the
governments responsibility in a
troubled internal political situation.
Hitler Party Feared
election of President Paul Won
Hindenburg would assure continu-
ance of an absolutely legal regime
in Germany, Dietrich said.
IF it comes to an election con-
test among other candidates Wi6l
Won Hindenburg not running, the
struggle will be extremely fierce, for
in that case moderates will be fight
ing the radical forces. Should the
moderates win, the National So
cialist (Adolph Hitler's Nazis) DOGGY
will be driven out, but if the mod
crates lose, the consequences can
not be foreseen,' he said.
Meanwhile, leaders of the ma
tional opposition" Hitler and DR.
Alfred Hugenberg, agreed to inform
Chancellor Bruening that in THEN
opinion it would be unconstitu-
tional to re-elect Won Hindenburg by
a constitutional amendment pro-
longing his term of Office.
Since the Nationalist and National
Socialist vote would be required to
give the proposed amendment the
necessary two-thirds majority ir
the Reichstag, it appeared that
presidential election in March woulc
be inevitable.