GERMAN FINANCE.
HOME BORROWING RESUMED. BY CABLE-PRESS ASSOCIATION —COPYRIGHT LONDON, Jan. 20. The Morning Post’s Berlin correspondent says the country’s financial position is regarded as being sufficiently strong to enable it to dispense with foreign loans and to resort to home borrowing. The Free State of Baden is issuing a six per cent, internal loan of approximately £1,650,000. The city of Stuttgart has obtained authority to issue a loan of 15,000,000 to 20,000,000 marks. Krupps arc issuing a loan of £3,000,000. Germany, up to the middle of December, had borrowed from foreign countries, mainly the United States, England ami Holland, about £193,600,000.
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Hawera Star, Volume XLVI, 22 January 1927, Page 5
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102GERMAN FINANCE. Hawera Star, Volume XLVI, 22 January 1927, Page 5
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