GERMAN FINANCE
FOREIGN LOANS NOT REQUIRED HOME BORROWING RESORTED TO By Telegraph press association Copyright. (Rec. January 21, 8.15 p.m.) London, January 20. The "Morning Post’s” Berlin correspondent says the country’s financial position is regarded as being sufficiently strong to enable it to dispense with foreign loans, and resort to home borrowing. The Free State of Baden is issuing a 6 per cent, internal loan of approximately £1,650,000. The city of. Stuttgart has obtained authority to issue a loan of fifteen to twenty million marks. Krupp’s are issuing a loan of three millions sterling. Germany up to the middle of December had borrowed from foreign countries, mainly the United States, England, and Holland, about £193,600,000.
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Dominion, Volume 20, Issue 100, 22 January 1927, Page 9
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115GERMAN FINANCE Dominion, Volume 20, Issue 100, 22 January 1927, Page 9
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