CHAOS IN GERMANY.
FALLING MARK. Electric Telegraph—Press Association Copyright. (Australian-N.Z. Cable Association.) London, June 21. The “Daily Express” Berlin correspondent ‘ states that unbelievable chaos has resulted from the fall of the mark. Angry scenes occur in the markets, where housewives are vainly endeavouring to buy sufficient food for their families. A pound of meat costs half a day’s earnings of tlia worker. and a pound of margarine equals 12 hours’ work, a pair of shoes two weeks,’ and a suit of clothes two years’. Protest meetings are being held everywhere. The “Daily Telegraph's” correspondent in Dusseidorf says llie falling mark has caused a panic. Shopkeepers’ prices have disappeared from the. shop windows, tile mark being so low that the shoopkeepers did not know what to charge for tltf ir goods. Some, in despair, have closed their establishments. Restauranteurs have had no compunction about raising prices. A portion of salmon costs over one hundred thousands marks, and a modest meal with wine a’most the same figure.
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Bibliographic details
Pahiatua Herald, Volume XXVII, Issue 31492, 23 June 1923, Page 5
Word Count
165CHAOS IN GERMANY. Pahiatua Herald, Volume XXVII, Issue 31492, 23 June 1923, Page 5
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