GETTING RID OF PAPER
PEOPLE SPEND FREELY. NEW CURRENCY EXPECTED. Australian and N.Z. Cable Association. (Received October 23, 7.35 p.m.) LONDON, October 23. The “Daily Telegraph” correspondent in Berlin says that although the rentenmark will not be issued until the middle of November the people expect that the flood of new currencies will sweep away paper marks,- so those who have more than thoy need for their daily wants are converting the* rest iDto something of lasting valuo at any cost. Hence the extraordinary boom on tho stock -market, and tho rise in the price of food and other commodities. It is almost impossible to get bread in Berlin. On Monday the bakers refused to supply anyone unless they put down their names in the morning, and paid in advance. The -bakers asked five milliard marks a loaf. NEW GERMAN MINISTER Australian and N.Z. Cabla Association. BERLIN, October 22. Count Kanitz lias resigned his membership of the Nationalist Party in order to join the Government as Minister for Food.
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Bibliographic details
New Zealand Times, Volume L, Issue 11658, 24 October 1923, Page 6
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169GETTING RID OF PAPER New Zealand Times, Volume L, Issue 11658, 24 October 1923, Page 6
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