GERMAN CREDIT
OFFER BY BANKS. (United Press Association—Ry Electric Telegraph.—Copyright.) (Received this day at 9.25 a.m) PARIS, March 1. The hanks of England, France, Federal Bank and Bank of International Settlements have offered to renew Germany’s credit of twenty millions sterling .for three months, provided an immediate repayment of ten per cent i.s made. This is France’s idea, which the Reichbank i.s resisting, asking than the ten per cent be spread over three months. .As Germany’s credit expires on 4th March:-it is expected France’s proposal will be accepted.
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Hokitika Guardian, 2 March 1932, Page 5
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88GERMAN CREDIT Hokitika Guardian, 2 March 1932, Page 5
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