RUSSIAN LOANS
THE PAYMENT OF INTEREST. GERMANS SEEK SATISFACTION. (Press Association—By Telegraph—Copyright.) LONDON, January 29. The Berlin correspondent of tlje Daily News says it is semi-oflicially announced that Russia is unable to pay Germany the interest on the loans in recent years. The banking house of Mendelssohns is taking a lead in establishing the German claims. In view of the coming negotiations regarding a Rustm-German trade treaty Russia’s financial position is thus established as on the verge of bankruptcy. The Daily News comments: The Soviet promptly honoured British trade obligations, and there is nothing to indicate that Russia is nearer bankruptcy than previously, although the Soviet obviously requires new capital, of which an internal loan and attempts to sell bonds abroad at a high rate of interest arc evidence.—Sydney Sun Cable.
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Otago Daily Times, Issue 20320, 31 January 1928, Page 9
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131RUSSIAN LOANS Otago Daily Times, Issue 20320, 31 January 1928, Page 9
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