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HELPFUL FORGERY

GREEK TREASURY’S WIN. (United Press Assn.—Telegraph Copyright.) (Rec. 7.0 p.m.) Athens, January 31. An epidemic of forged dollar notes solved for the Treasury the pressing problem of how to raise £1,000.000 and prevent default to foreign bondholders. The arrest of a gang of American forgers created the fear that other foreign currencies were also forged. Investors hurriedly sold their holdings with the result that the Treasury in four days acquired sufficient currency to meet its obligations.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19330201.2.45

Bibliographic details

Southland Times, Issue 21928, 1 February 1933, Page 7

Word Count
78

HELPFUL FORGERY Southland Times, Issue 21928, 1 February 1933, Page 7

HELPFUL FORGERY Southland Times, Issue 21928, 1 February 1933, Page 7