COMING FINANCIAL WAR
BRITISH BANES PREPARING TOR GERMAN OFFENSIVE. London, September 15. • Sir Edward Holden, addressing the shareholders of tho London Midland Bank-, stated that three hundred million sterling was required after tho war to finance the reconstruction of industries, purchase raw materials, and for the expansion of trade. Powerful amalgamated banks were more than ever needed to meet the new requirements and maintain London as tho world's centro of financd. Germany was extensively amalgamating her banks as a preparation for a financial war. The British banks must build up their credit more largely and import gold, of which tho world's production was de-clining.—-"The Times."
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Dominion, Volume 11, Issue 308, 17 September 1918, Page 5
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105COMING FINANCIAL WAR Dominion, Volume 11, Issue 308, 17 September 1918, Page 5
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