CREDIT FOR GERMANY
COMPLETE MISAPPREHENSION (British Official Wirmess.) RUGBY, May 19. The Chancellor of the Exchequer, Mr. Neville Chamberlain, .said in the House of Commons at question feme to-day that Jus attention had been drawn to figures in a report of the , Bank of International Settlements, . .uindj to the fact that in certain, qua* . tors, the inference had' been foumli cd! on these figures that British hankers had increased their 'German credits during 1935. , A committed of British .short-term creditors had published a statement s showing that this inference was based j on a complete) misapprehension. The Total British credits, both used and unused decreased during 1935 by just ! over £1,000,000. The larger reduce lions in the credits of other countries J were mainly due to the willingness dS creditors, there to accept payment in German currency with the 1 heavy capital! loss which such repaymeut inwolved., , v
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Bibliographic details
Gisborne Times, Volume LXXXIV, Issue 12867, 22 May 1936, Page 3
Word Count
148CREDIT FOR GERMANY Gisborne Times, Volume LXXXIV, Issue 12867, 22 May 1936, Page 3
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