TURKEY’S SEARCH FOR MONEY
GERMAN FINANCIERS WILLING TO PROVIDE A LOAN.
By Telegraph—Prses Association—Copyright BERLIN, October 24. A syndicate of German financiers is prepared to arrange a loan for Turkey. Tho money -will be advanced in instalments of .£1,000,000.
WHAT THE PORTE WANTS.
(Received October 25, 9.40 p.m.)
PARIS, October 25. It is stated from Turkish sources in Berlin that Turkey is desirotis of raising .£15,000,000, in three annual instalments, to meet the deficits of the next two years. Thereafter it is expected the country’s Budgetary equilibrium will be restored.
UNFAVOURABLE SIGNS
(Received October 26, 0.45 a.m.)
PARIS, October 3d.
Correspondence from the Porte, repudiating its own financial representative in Paris (who had agreed to the French terms) furnishes fresh proof that unwise and indiscreet influences axe becoming dominant in Turkey.
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Bibliographic details
New Zealand Times, Volume XXXII, Issue 7268, 26 October 1910, Page 7
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131TURKEY’S SEARCH FOR MONEY New Zealand Times, Volume XXXII, Issue 7268, 26 October 1910, Page 7
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