Word: reiche
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...issued by the President of the Kreistag Committee, it was stated that the Committee 'did not in any way consider itself a Government set up by the Allies, but as an intermediary between the Allies on the one hand and the population of the occupied Palatinate, Bavaria and the Reich on the other. It was specifically stated that this provisional regime would last until peace and order had been restored and until all the administrative machinery had been started. A warning was issued to the people to keep the peace and to refrain from reprisals against the Separatists under severe...
...same Government ordinance provided that all private bonds and mortgages rendered virtually worthless by the paper mark depreciation, be restored to 10% of their original gold value. This 10% (i. e. ten cents on the original dollar) is in turn subject to a 2% "inflation tax" payable to the Reich...
During the War the Reich had concentrated its industry upon one thing- the making of munitions. At the end of the War, German factories were so converted that they could make little else but munitions. Germany was, however, otherwise ruined; she had no raw materials, no food; her railways were crippled, her population restive...
Meanwhile, British and American opinion condemned as impracticable the committee which is to inquire into German finances outside the Reich. France, however, places all her hopes in getting a grasp on exported German capital and believes that any inquiry into German finances within the Reich is impracticable...
...Marx held his first reception of the foreign press representatives. In an address he spoke gloomily of the present situation, made it evident that Germany was at the end of her resources. Later, a semi-official statement said in part: "There can no longer be any doubt that the Reich Government, despite all its desperate endeavors to balance the budget by utmost economy measures, by stopping the note presses and by putting the taxes on a gold basis, cannot attain this objective without outside help. It cannot be done with our own means and our own strength...