GERMAN TRADE
RESTRICTION OF PAYMENTS ABROAD SERIOUS ECONOMIC SITUATION CREATED Press Association —By Telegraph—Copyright. LONDON, July 29. The Berlin correspondent of ‘ The Times ’ says: “ The cumulative effect of the restriction of payments abroad, combined with foreign countermeasures, threatens a serious economic situation. A recent meeting between British cotton spinners and German consumers resulted in the appointment of a committee which approached the authorities in an endeavour to finance British deliveries of yarns, outstanding claims for which amount to £500,000. Negotiations are proceeding.”—London ‘ Times 5 Cable.
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Evening Star, Issue 21786, 31 July 1934, Page 9
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85GERMAN TRADE Evening Star, Issue 21786, 31 July 1934, Page 9
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