GERMAN DEBTS.
Bonds Issued To Americans For Interest. Prass Association—Copyright. Washington, March 3. After delays and disputes extending for more than two years, the Securities Exchange Commission has permitted the issuance of £13,800,000 bonds by Germany to -American,holders of German bonds in lieu of past due interest. It publicly called attention to deficiencies of the German registration statement and asserted, in effect, that Germany had a vital secret debt of approximately £400,000,000. The statement related to unsuccessful at tempts to persuade Germany to reveal details 1 of its unrecorded deh. It expressed the belief that it was only fair to warn Amerncan investors regarding Germany’s huge floating debt, consisting of advance tax certificates interest subsidy certificates and employment creation bills.
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https://paperspast.natlib.govt.nz/newspapers/TCP19370304.2.34
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Taranaki Central Press, Volume IV, Issue 374, 4 March 1937, Page 5
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120GERMAN DEBTS. Taranaki Central Press, Volume IV, Issue 374, 4 March 1937, Page 5
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