CRITICAL SITUATION.
Economic Condition of Former
Enemy Countries.
GERMANY AND AUSTRIA
LONDON, November 20,
Sir Walter Layton, editor of the "Economist," formerly director of the economic and financial ■ section of the League of Nations, has been nominated to serve as the British member of the Advisory Committee summoned by the Bank for International Settlements to consider Germany's capacity to pay reparations. Sir Walter was a member of the bankers' committee which inquired into the immediate credit funds of Germany in August. A message from Vienna states-that in consequence of Austria and Hungary appealing to the League for assistance in their parlous financial position, Sir Otto Niemeyer, of the Bank of England, Sir Robert Kindersley, a director of the bank, and American bankers are studying the situation. This is regarded as critical.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19311127.2.73
Bibliographic details
Auckland Star, Volume LXII, Issue 281, 27 November 1931, Page 7
Word Count
131CRITICAL SITUATION. Auckland Star, Volume LXII, Issue 281, 27 November 1931, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.
Log in