THE RENTENMARK

New Zealand Times, Volume L, Issue 11684, 23 November 1923, Page 6

THE RENTENMARK

MERELY A CURIOSITY. SPECULATION RIFE. Australian and N.Z. Cable Aoooetatlom. (Received November 22, 11.5 p.m.) LONDON, November 22. The '‘Mofning Past” correspondent in Berlin says: “It is now a week since the issue of rentenmarks was authorised, but ordinary citizens regard it as an event if they Bee a note as a ouriosity. Persons fortunate enough to secure one hold it tightly, for it is long since they had money which might not next day he half its face value. On the other hand, speculators are endeavouring to collect rentenmarks in the hope of selling them at a premium. RUHR MINERS WILL WORK FOR ANYONE. STINNBS’ PLAN FAILS. (Sydney “Sun” Cable.) LONDON, November 21. The “Daily Mail” correspondent in Dusseldorf states that the chastened industrialists are expected to reopen negotiations for the resumption of deliveries'. Their speedy surrender is anticipated, because the embittered population is demanding the confiscation of their properties and their punishment for attempting to enforce a 10-hour day by starvation. Labour organisations throughout the Ruhr declare their willingness to work under the French if they confiscate the mills and mines. Thus, Herr Stinnes and his colleagues see themselves isolated. The French seized one of Stinnes’ mines without a single soldier’s assistance. The miners begged to be allowed to return to work immediately.