YEAR’S MORATORIUM
SOUGHT BY DUTCH BANK. LACK OF LIQUID FUNDS. By Telegraph—Press Association—Copyright. (Received This Day, 11.50 a.m.) AMSTERDAM. August 11. A suspension of payments by Mendelssohn's Bank has caused only slight excitement. It is understood that the trouble is due chiefly to lack of liquid funds, owing to the bank accepting the entire responsibility for a number of French issues which it subsequently proved impossible to place in Holland. The bank asks for a year's moratorium, after which there should be no difficulties.
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Wairarapa Times-Age, 12 August 1939, Page 8
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84YEAR’S MORATORIUM Wairarapa Times-Age, 12 August 1939, Page 8
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