Holland's Currency Crisis
FIFTH OF GOLD STOCK LOST IN A WEEK.
United Press Association.—By Electric Telegraph.—Copyright. Received Sunday, 10 p.iu. THE HAGUE, July 28. Professor Aallierse is unable to form a Cabinet on the wide Parliamentary basis the Quean requested. It is estimated Holland lost between £20,000,000 and £23,000,000 in gold last week, which is one-fifth of the stock held before the Government crisis. It is expected the bank rate will he raised to seven in order to stem the outflow.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MT19350729.2.68
Bibliographic details
Manawatu Times, Volume 60, Issue 176, 29 July 1935, Page 7
Word Count
81Holland's Currency Crisis Manawatu Times, Volume 60, Issue 176, 29 July 1935, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.