GERMAN REPARATIONS.
INTEREST PAYMENTS TO APPROXIMATE GOLD VALUE. (By Telegraph-Press Assn.-Copyright.) (Received This Day, 9.30 /urn.) , LONDON, Oct. 8. There is a crumb of comfort amid the fluctuations of the sterling, in the Bank of International Settlement's decision as nearly as possible to pay the Dawes Plan interest on the basis of the gold value of the sterling when ■the bonds were issued. SERIOUS EXPORT LOSS FEARED. RESULT OF COUNTRIES ABANDONING GOLD STANDARD. (Received This Day, 11.10 a.m.) BERLIN, Oct. 8. Losses of £6,000,000 in the year's exports are expected as a result of Britain's, India's, Egypt's and Scandinavia 's abandonment of the gold standard, according to the Economic Research Board Survey, which is acutely apprehensive of the further effects of Britain's stronger export competition, as well as her reduced importing capacity.
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Horowhenua Chronicle, 9 October 1931, Page 5
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132GERMAN REPARATIONS. Horowhenua Chronicle, 9 October 1931, Page 5
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