THE NEW GERMANY
CAN DESPENSE WITH FOREIGN MONEY. (Received Jan. 21, 5.50 p.m.) LONDON, Jan. 20. The Morning Rost’s Berlin correspondent says the country’s financial position is regarded us being sufficiently strong to enable it to dispense with foreign loans, and resort to home borrowing. The Free State of Baden is issuing a 6 per cent, internal loan of approximately £1.650,000; the City of Stuttgart has obtained authority to issue a loan of 15,000,000 to 20,000,000 marks; and Krupps are issuing a loan of £’3,000,000. Germany, up to the middle of December, had borrowed from foreign countries, mainly the United States, England Holland, about £193,600,000.—A. and N.Z.C.A.
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Gisborne Times, Volume LXV, Issue 10312, 22 January 1927, Page 7
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107THE NEW GERMANY Gisborne Times, Volume LXV, Issue 10312, 22 January 1927, Page 7
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