GERMANY'S DEBTS
Warning to American Investors | WASHINGTON, March 3. j After delays and disputea extending jfor more than two years the Securities Exchange Commis&ion permitted the issuance of 69,000,000 "dollara of bonda by Germany to American holders of German bonds in lieu of past ahd due interest, but publicly called attention to the deficienciea in the German registration statement and asserted in effect ithat Germany had a virtual Secret debt lo'f approximately 2,000,000,000 dollarS. The statement related to the unsuccessful attempts to persufide Germany to reveal the details of her unrecorded debt and expressed the belief that it was only fair to warn American investors regarding Germany 's huge floating debt Cohsisting of advance tax certificates, interest subsidy certificates and employment creation bills.
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Hawke's Bay Herald-Tribune, Issue 41, 4 March 1937, Page 10
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123GERMANY'S DEBTS Hawke's Bay Herald-Tribune, Issue 41, 4 March 1937, Page 10
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