BANK FAILURE
QUEEN WILHELMINA’S LOSS. AMSTERDAM, August 20. The Dutch Royal Family are among those hit by the smash of Mendelssohn’s Hank, whose head, 53-year-old Fritz Mannheimer, died in Frapce this month. Queen Wilhelmina is one of the largest shareholders in the Dutch Trading Company, who are said to be involved to the extent of nearly £4,000,000. The Mendelssohn collapse brought 1 business on the American Exchange to a standstill. One group of Dutch bankers asked the Government to intervene with foreign Governments to prevent a rush of calls on their resources. Dr. Colijin, ex-Premier of Holland and a close friend of Queen Wilhelmina, is another large shareholder in the Dutch Trading Company. Dutch bankers feel that, given time and Government support, they can straighten things out, but it is pointed out that the value of Mendelssohn and Company’s assets in foreign countries depends largely on the ups and downs of the international situation.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GEST19390919.2.72
Bibliographic details
Greymouth Evening Star, 19 September 1939, Page 12
Word Count
154BANK FAILURE Greymouth Evening Star, 19 September 1939, Page 12
Using This Item
The Greymouth Evening Star Co Ltd is the copyright owner for the Greymouth Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in