CURRENCY COMEDY.
HOW A DEBT DISSOLVED. By Telegraph.—Press Assn.—Copyright. Received Nov. G, 5.5 p.m. London, Nov. 5. A British bank engaged in foreign trade in 1914 borrowed 750,000 roubles, then worth £75.000, depositing securities with the Russian Commercial Bank. When the Russian bank sought repayment' it demanded £78,000, but the | Chancery Court has decided that the , loan was repayable in roubles, and therefore £5O would suffice to redeem the mortgage and securities.
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Taranaki Daily News, 7 November 1921, Page 5
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72CURRENCY COMEDY. Taranaki Daily News, 7 November 1921, Page 5
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