GERMAN NEWS.
AUSTRALIAN AND N.Z. CABLE ASSOCIATION, GERMAN FINANCE. BERLIN. Dim*. 20. Tlx* firist attnck on the (-lability of the Kontenmark, which bus considerably improved llie economic conditions of Gorniimy lias been made iiy Doctor Luther, Finance .Minister, wbo a!, a meeting of the Hoard of Hentemnark jLL-cmicsted it to plant Government a .additional to l!ie 1.20!) millions
already granted. Luther declared it t was only a (picstiou of a short period of credit which would not alfecl inflation. The Board rejected the roll nest, fearing fi,rther credits by Government would undermine faith in the Kcntcnmarlc. In view of the refusal, Luther will obtain money by issuing exchcrpier short term bills :n Kenttenmarks to banks, agricultural and industrial concerns.
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Hokitika Guardian, 22 December 1923, Page 3
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119GERMAN NEWS. Hokitika Guardian, 22 December 1923, Page 3
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