GERMAN FINANCES.
A SOLUTION SOUGHT. By Telegraph.—Press Assn.—Copyright Berlin. Oct. 20. Thirteen hundred delegates attended the German hankers' conference, the first held since 1912. Or. Simmons, Foreign Minister, said that the German bankers at Versailles did their best to avejt disaster. Germany's first consideration now was to fulfil promises, but as she could not do so she had summoned the bankers in order to seek a solution of the financial difficulties confronting Europe, and make other countries understand that Germany was unable to fulfil the financial obligations she cutered into at Versailles.—Ans.-N.Z. Cable Assn. London. Oct. 25. The Berlin correspondent of the Daily Mail fitates that the German Budget shows a defieft of 04 milliards of marks. —United Service. [At the pre-war value of the mark the deficit would be £4.700,000,000 in British currency, but the mark has greatly depreciated.]
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Taranaki Daily News, 28 October 1920, Page 3
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140GERMAN FINANCES. Taranaki Daily News, 28 October 1920, Page 3
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