RECONSTRUCTION.
(SUPREME COUNCIL’S SCHEME. DETAILS OF PROPOSALS. By Telegraph.—Press Assn.—Copyright. Cannes, Jan. 11. An official memorandum gives details of the reconstruction scheme by a corporation to be designated the Central International Corporation. The headquarters will be in London, consisting of representatives of national corporations formed by each nation in its own country. ’The funds of the International Corporation in the first instance will be equivalent to £20,000,000 sterling. National corporations shall be formed and founded simultaneously, with at least 25 per cent, of their capital paid up imjnediately. Funds to enable the International Corporation to carry on administrative functions shall he provided by the national, corporate ; paying up £20,000,000 in proportion to their capital.
Herr Rathenau, with 15 financial experts, has arrived.Aus.-N.Z. Cable Assn.
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Taranaki Daily News, 13 January 1922, Page 6
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124RECONSTRUCTION. Taranaki Daily News, 13 January 1922, Page 6
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