HEAVY LIABILITY
I ; TO OTHER .COUNTRIES. | GERMANY’S NEW POLICY. (Received 9 a.m.) LONDON, January 20. The Berlin correspondent of the “Morning Post” says that the country’s financial position is regarded as being sufficiently strong to enable it to dispense with foreign loans and resort to home borrowing. The Free State of Baden is issuing a 6 per cent, internal loan of approximately £1,650,0007 The City of Stuttgart has obtained authority to issue a loan of 15,000,000 to 20,000,000 marks. Hrupps are issuing a loan of £3,000,000. Germany, up to the middle of December, had borrowed fro.m foreign countries, mainly the United States, Britain and Holland, about £193,600,- 1 000.—A. and N.Z. j
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Northern Advocate, 22 January 1927, Page 5
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112HEAVY LIABILITY Northern Advocate, 22 January 1927, Page 5
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