GERMANY’S DEFAULT
BRITISH CHANCELLOR'S ANNOUNCEMENT ■ 1 ■» LEGISLATION PENDING (British Official Wireless.) Press Association—By Telegraph—Copyright. RUGBY, June 20. (Received Juno- 21, at noon.) Legislation was foreshadowed by the Chancellor of the Exchequer on Friday next, when ho announced that the Government intended to take action in reply to the Reichbank’s decision unless any negotiations undertaken should before July 1 result in a satisfactory agreement. The Bill to be introduced in the House of Commons authorises the setting up of clearing offices for the Collecting and dealing with certain debts, and also the imposition of restriction on imports from certain foreign countries. It will bo presented by the Chancellor of the Exchequer and read the first time. The reply of His Majesty’s Government to the German Government’s Note announcing the decision of the Reichsbank to suspend cash transfers on medium and long-term State loans was handed to the German Ambassador in London.
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Evening Star, Issue 21752, 21 June 1934, Page 9
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150GERMANY’S DEFAULT Evening Star, Issue 21752, 21 June 1934, Page 9
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