To cap German murmurings for a moratorium on Reparations payments (TIME, Oct. 27), came last week a clear-cut statement from Minister of Labor Adam Stegerwald.
"What we must have," he barked, "is not a moratorium but a complete revision of the Young plan of Reparations payments!"
"How much, then, is Germany really able to pay?" asked a correspondent.
Crisply Dr. Stegerwald shot back:
"If Germany's financial burden were a normal one we might logically consider keeping on paying approximately two billion marks [about $480,000,000] annual reparations. As it is, we simply...