INTERNATIONAL: Jump, Germany!

The Rector of Copenhagen University, Dr. Lauritz V. Birck, erudite Danish economist, spoke last week as follows:

"I think it would ease Europe considerably if Germany would make a jump into the abyss and declare that out of the Young Plan payments she will pay only $144,000,000, which is secured by the German national railroads' income, and no more. England, and particularly France, would begin to rattle their swords, but I doubt whether they would again occupy German territory. After a fortnight's rattling they would inform America they were unable to pay what...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!