‘Why Germany Must Pay”
(The Literary Digest, 1921)
The war that Germany began and lost cost the Allies, according to a recent estimate, the stupendous total of $177,000,000,000. The Reparations Commission has named a principal sum of about $32,000,000,000 as the damages for which reparations by Germany is due under the Treaty of Versailles. The Supreme Council of the Allies, sitting at Paris in January, placed the amount to be paid by Germany at a present value of $21,000,000,000, which when paid with interest and in installments covering forty-two years, would amount to about $55,000,000,000.
