COTTON DEALINGS
GERMAN INDEBTEDNESS SERIOUS SITUATION (Times CaUle.} (Received 9 a.m.) LONDON, July 29. The P>erlin correspondent of “The Timor.” states that the cumulative effect of the restriction of payments abroad, combined with foreign counter measures, threatens a serious economic situation, •
A recent meeting of British cotton spinners and German consumers resulted in the appointment of a committee which approached the authorities in an endeavour to finance British deliveries of yarns, the outstanding claim for which amhunts to £500,000. Negotiations are proceeding.
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Northern Advocate, 31 July 1934, Page 5
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82COTTON DEALINGS Northern Advocate, 31 July 1934, Page 5
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