Abstract

Finance
Harman, S. Palmer | December 30, 1931 issue

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Whatever the plan produced by the experts now in session at Basel for dealing with die German reparations problem, it is almost certain to differ in one striking particular from all the mechanisms that have gone before. On past occasions "new money" has been poured into Germany by foreigners with a view to making the country a going concern. It is hard to see where any new money is coming from tills time. Finance is full of resources and it would be premature to say that no reasoned method of reducing the German payments to order and apparent feasibility will be brought forth. One of the interesting aspects of financial opinion at the moment is tile growing disposition to "write off" the foreign losses and concentrate on the domestic situation.

See Also:

WAR reparations; MONEY -- Germany; FINANCE; BUSINESS enterprises -- Valuation; FEASIBILITY studies; GERMANY
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