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A SCHEME KILLED

, TO STRENGTHEN GER- <«> MANY’S CREDIT. (United Press Association. —By Electric / • Telegraph.-—Copyright.) (Received this : dn.y at 9. a.m.) 1 LONDON, September 30. > The “Times” Berlin correspondent states the premature disclosure by the Berlin press, owing to what is describ- ' ed as indiscretion, probably killed the scheme under which the Finance Minister hoped to strengthen' Germany’s by accepting the Swedish match million sterling at low interest ytf return for a match monopoly. It is V reported that the terms of negotiations included an embargo on foreign matches, aimed against the Soviet, which is capturing the market, despite high duties and the right off the Swedish trust to regulate prices. Kreuger has secured monopolies in the bulk of , Europe by offering aid in times of financial, stringency. 'The disclosure has provoked an outcry against foreign control right throughout Germany.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HOG19291001.2.37

Bibliographic details

Hokitika Guardian, 1 October 1929, Page 5

Word Count
139

A SCHEME KILLED Hokitika Guardian, 1 October 1929, Page 5

A SCHEME KILLED Hokitika Guardian, 1 October 1929, Page 5