FOREIGN INVESTMENTS
THE AUSTRIAN CONVERSION
ORDER.
(UNITED PRBSB ASSOCIATION.—COPTRIQH!.)
(AtIBT!UmN-N3W ZEALAND CABL3 ASSOCIATION.) VIENNA, 22nd December.
The Finance Ministry has introduced a Bill compelling all residents, under a penalty of ten years' imprisonment, to furnish within a week returns of all their foreign securities and credits, which are to be converted into State bonds. The object is to raise a voluntary interior loan in order to improve the exchange. The Social Democrats, who demanded the seizure of all foreign money holdings, are delighted. The Bill surprised the Bourse, where foreign securities dropped.
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Bibliographic details
Evening Post, Volume CII, Issue 152, 24 December 1921, Page 7
Word Count
92FOREIGN INVESTMENTS Evening Post, Volume CII, Issue 152, 24 December 1921, Page 7
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