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FINANCE OF GERMANY

MORE NORMAL METHODS

POSITION CONSOLIDATED

(Reed. March 14, 10 a.m.) LONDON. March 12.

After the representation of the fin ancial situation at the annual meeting of thi' Reiehsbank, Dr. 11. Schachl announced a return to more normal methods of finance, says the Berlin correspondent of The Times. He said that the consolidation of Germany's economic position permitted a cessation of intermediate financing by short-term special bills of exchange. Money not derived from the Budget would be raised bv limited issue of Treasury bills.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19380314.2.17

Bibliographic details

Poverty Bay Herald, Volume LXV, Issue 19582, 14 March 1938, Page 3

Word Count
86

FINANCE OF GERMANY Poverty Bay Herald, Volume LXV, Issue 19582, 14 March 1938, Page 3

FINANCE OF GERMANY Poverty Bay Herald, Volume LXV, Issue 19582, 14 March 1938, Page 3