A SUICIDE
OF SWEDISH FINANCIER. AFFECTS SWEDISH GOVERNMENT LONDON, March 12. Ivan Krueger, a Swedish watch and ring financier who had just returned from America, was found dead in a Paris flat with a revolver by his side. His suicide is attributed to a nervous breakdown. He lent money' to the Swedish Government wherefor he obtained match monopolies, extended world wide. ■STOCKHOLM, March 13. Government have hurriedly convened Parliament to pass a Moratorium Bill for private concerns, with special application to Kreuger. FURTHER PARTICULARS. FINANCES NOT AFFECTED. STOCKHOLM, March 13. Kreuger controlled four-fifths of the world’s match supply. He habitually dealt with millions, Swedish match companies capital alone being twenty millions sterling. STOCKHOLM, March 13. Kreuger’s death may be followed by claims of Kreuger undertakings withe States. The Prime Minister and Inspector of Swedish Banks, Ekman, points out the Moratorium Bill is not due to Government fears of solvency. The Banks have no cause of alarm and arc opening as usual on Monday. Heckscher, a prominent economist, declares his suicide does not mean the writing of an obituary of Krueger concerns.
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Hokitika Guardian, 14 March 1932, Page 5
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181A SUICIDE Hokitika Guardian, 14 March 1932, Page 5
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