A $10,000,000 League of Nations loan at five percent interest to finance settlement of 50,000 German refugee families in the “comparatively empty territories” is proposed by Countess Waldeck, author and former correspondent of German newspapers, in an article in the April issue of Foreign Affairs entitled “The Great New Migration.” South America is particularly cited as a prospective place of settlement.
The League, she says, obviously fears to take any action with regard to the German refugees which might hinder Germany’s return to Geneva. However, “the stream of the great migration is likely to swell rather than to dry up,” she declares, and accordingly suggests the financed colonization.
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