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HOLLAND LOSES MORE GOLD

Cabinet's Resignation Accepted FIRMER MARKET FOR GUILDERS (UNITED PRKS3 ASSOCIATION— CorYKIOUT.) (Received July 26, 7.30 p.m.) LONDON, July 25. Although Holland lost another £3,000,000, gold guilders have a firmer market and the Government is disposed to await developments. The Amsterdam correspondent of che "Daily Telegraph" says the Premier (Dr. H. Cohjn) had a long conference with the Queen who, it is understood, does not desire his resignation. A message from The Hague sayt. chat Dr. Coiijn handed the Cabinet's, resignation to the Queen, but hei Majesty, after considering the posi uon, requested the Cabinet to con tinue in office in the interests of the jountry. To this the Premiei agreed. The bank rate was raised to 6 per cent, to-night. The announcement of the Cabinet's decisions was deferred for fear of speculation. A later message says that the Queen has accepted the Government's resignat.on. She has invited Professor Aalbesse, leader of the Catholic party, to form a government.

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https://paperspast.natlib.govt.nz/newspapers/CHP19350727.2.97

Bibliographic details

Press, Volume LXXI, Issue 21536, 27 July 1935, Page 17

Word Count
162

HOLLAND LOSES MORE GOLD Press, Volume LXXI, Issue 21536, 27 July 1935, Page 17

HOLLAND LOSES MORE GOLD Press, Volume LXXI, Issue 21536, 27 July 1935, Page 17

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