NAZI FINANCES
INFLATION HARD TO STOP
(Received October 28, 1.10 p.m.)
LONDON, October 27,
The Rotterdam correspondent of "The Times" says that, according to the "Allgemeine Zeitung." the Reich has decided on a policy of taxation to augment the Treasury while simultaneously absorbing Germany's surplus purchasing capacity. This is tantamount to admitting that efforts to avoid inflation have failed.
Further evidence of the failure to keep down prices is the authorisation of the payment of bonuses for special work. The Government is issuing 500.000 marks in Treasury bonds to finance improvement of the German railways.
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Bibliographic details
Evening Post, Volume CXXVIII, Issue 103, 28 October 1939, Page 11
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95NAZI FINANCES Evening Post, Volume CXXVIII, Issue 103, 28 October 1939, Page 11
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