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CRISIS IN HOLLAND

TEMPORARY MINISTRY FURTHER GOLD LOSSES (Received Julv 27, 2 p.m.) LONDON, July 26. The Times correspondent at Tc Hague says that despite the loss of a further £3,000,000 worth of gold, guilder fluctuations have been very narrow. T'he •Queen’s insistence that Professor F. ■). Aalbe-rse form a .Ministry for a few days on a wide basis •excludes the possibility of a simple Catholic-Socialist .Cabinet, and makes Professor Aalberse’s task almost impossible. It is expected that- M. 11. Colijn will be recalled to form a Ministry.

The determination, to remain on gold is stronger, and not likely to collapse for a few weeks, and it is hoped that tlie crisis by then will be solved. Meanwhile, the Netherlands Bank is acting vigorously iu accordance with the Queen’s wishes.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19350729.2.122

Bibliographic details

Poverty Bay Herald, Volume LXII, Issue 18770, 29 July 1935, Page 11

Word Count
129

CRISIS IN HOLLAND Poverty Bay Herald, Volume LXII, Issue 18770, 29 July 1935, Page 11

CRISIS IN HOLLAND Poverty Bay Herald, Volume LXII, Issue 18770, 29 July 1935, Page 11