FRENZIED FINANCE.
EX-MINISTER’S BREAKDOWN. PARIS, Deceber 9. Klotz, a brilliant lawyer, finance expert, ex-Minister, a signatory to the Versailles Treaty, has been taken to a mental home. Newspapers state it is the result of unfortunate financial transactions and heavy gambling. In a vigorous attempt to keep the fact secret. Klotz for some time seemed to have lost the sense of the value of money. He gambled for high stakes at the seaside casino, and paid with cheques which ( were dishonoured. ' LOST EIGHTEEN MILLION FRANCS. (Received December 10 at 8 p.m.) LONDON, December 10. The Daily Chronicle’s Paris correspondent states that Klotz lost two hundred thousand frames at Le Ton quel in the late ' summer, and subsequenfly brought up the total to eight million francs.
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Bibliographic details
Grey River Argus, 11 December 1928, Page 5
Word Count
124FRENZIED FINANCE. Grey River Argus, 11 December 1928, Page 5
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