GERMAN EXCHANGES
SHARP FALL REPORTED POLICY OF GOVERNMENT Times Cable LONDON, Nov. 13 The Berlin correspondent of the Times reports a sharp fall in the prices of foreign securities on the German Stock Exchanges. This is attributed to the belief that the Government intends to confiscate foreign investments held by Germans in order to obtain foreign exchange for the purchase of necessary imports under the four-year plan. It is presumed that the holders would be given compensation in the form of interest bearing Treasury certificates, as were Italian owners of foreign investments confiscated by Signor Mussolini to obtain foreign exchange during the sanctions period.
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New Zealand Herald, Volume LXXIII, Issue 22578, 17 November 1936, Page 9
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104GERMAN EXCHANGES New Zealand Herald, Volume LXXIII, Issue 22578, 17 November 1936, Page 9
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