Foreign News: Budget

German Deputies sought "door no. 2"* last week, returning from a recess taken early in November. For them a jolly, pinky-faced, white mustached statesman had prepared a heavy meal of legislative fare. He was Finance Minister Dr. Heinrich Koehler. While the deputies recessed, he had drafted the German Budget, to balance for 1928 at 9,500,000,000 marks.

Since 1928 will be the dreaded "Fourth Reparations Year," in which payments under the Dawes plan must reach 1,750,000,000 marks ($416,500,000) for the first time, the deputies were in no hurry,...

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