UNEMPLOYED PROBLEM
GERMANY’S EFFORT BIG LOAN TO BE FLOATED Pmi Association—By Telegraph—Copyright BERLIN, May 8. The Reichsrat has approved of a determined attempt to reduce the number of unemployed in Germany by means of a big labour loan, which the Reichstag will consider on Monday. The money will be used for land improvement and settlement and public works. The yield to subscribers will be 4J per cent., but the loan is attractive because it will be exempt from taxation. There will be no limit to the local amount. Meanwhile well-known enterprises continue to close down, including the fames amber works at Palmnickor, Last Prussia, on which the Prussian Government has spent £600,000 since 1925 in a vain effort to keep them going. Junkers aeroplane works at Dessau have also been closed.
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Evening Star, Issue 21098, 10 May 1932, Page 7
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131UNEMPLOYED PROBLEM Evening Star, Issue 21098, 10 May 1932, Page 7
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