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JAPANESE FINANCIAL CRISIS

, EFFORTS TO REOPEN BANKS'^' (By Electric Telegraph—Copyright) (“Sun” Cable) TOKIO, 30tl;. N"qv.v ' In order t% facilitate the the 15th 'December- of the: hank of-,which: he is ex-president, Prince Matstikatai former Permier, offers to surrender -hik entire private fortune, assuniirig. respqnsibility for the recent suspension- of v; payment by the bank. . The entire attention of Cabinet; vis-y now devoted to the problem of reopen- : ing several big banks suspended during the summer panic in order to permit depositors to secure funds wherewith: tq>r meet year end debt settlements and' pfe-' vent numerous bankruptcies amongst small depositors. '

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19271201.2.56

Bibliographic details

Nelson Evening Mail, Volume LXI, 1 December 1927, Page 5

Word Count
98

JAPANESE FINANCIAL CRISIS Nelson Evening Mail, Volume LXI, 1 December 1927, Page 5

JAPANESE FINANCIAL CRISIS Nelson Evening Mail, Volume LXI, 1 December 1927, Page 5