PAPER MARKS

Dominion, Volume 17, Issue 287, 21 August 1923, Page 7

PAPER MARKS

RECORD ISSUE LAST WEEK REICHSBANK PRESIDENT CALLED ON TO RESIGN By Telegraph.— Press Association. —COPYRIGHT. ; Berlin, Auguat 18. The inflation of the currency has broken all records during the past week, when the Reichsbank issued 18,731,954 millions of paper .marks. This is nearly one-third of the total amount of notes issued. The “Vorwaerts” accuses Herr Havenstein president of the bank, of saboting all the Cabinet’s efforts to improve the mark. The Socialists announce that they will give Havenstein three days in which to resign. , Failing his compliance, they will convoke the Reichstag for tho purpose of dismissing him. —Aus.-N.Z. Cable Assn. NEWSPAPERS SUSPEND PUBLICATION REFUSE COMPOSITORS’ DEMANDS Berlin, August 18. Owing to their inability to accede to the compositors’ . demands for a weekly wage of thirty-six million marks, the newspaper proprietors of Central Germany have suspended publication. Tlie “Lokal Anzieger” led the newspaper revolt by refusing to re-employ the leaders of the recent strike. This stiffening of the employ- I era is attributed to the advent of Herr Stresemann as Chancellor, as never since the revolution has any employer dared to discharge the workers’ leaders. —Aus.-N.Z. Cable Assn. WORKMEN’S COUNCILS DISSOLVED Berlin, August 17. Thb Government has dissolved the National Commune of Workmen’s Councils, and also the Committee of Fifteen, representative of Greater Berlin, owing to their connection with thte prohibited proletariat institutions.— Aus.-N.Z. Cable Assn. DUISBURG FINED FOR ATTACK ON BELGIAN MILITARY TRAIN Paris, August 19. A fine of 3000 million marks has been imposed on tho town of Duisburg, for tho recent attack on a Belgian military train on the Rhine bridge.— Aus.-N.Z. Cable Assn.