BLOW TO PAPER MARK.
GERMAN COURT'S RULING.
CONTRACTS INVALIDATED. A. and N.Z BERLIN. Oct. 15.
The Leipzig AppenJ Court, in an important compensation appeal, decided that though theoretically paper marks and gold marks were equal in the sight of the law, they were unequal economically, and the Courts of justice must intervene creatively to make transactions fair, even t© remodel contracts which, if literally carried out, would cause heavy losses through the depreciation of piper marks. The decision is characterised as the final blow to the paper mark currency.
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Bibliographic details
New Zealand Herald, Volume LIX, Issue 18223, 17 October 1922, Page 7
Word Count
89BLOW TO PAPER MARK. New Zealand Herald, Volume LIX, Issue 18223, 17 October 1922, Page 7
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