GERMAN FINANCIAL PLANS
HERR SCHACHT AS DICTATOR. By Telegraph—Press Assn.—Copyright. Berlin, Dec. 20. Herr Schacht has proved virtually that he is the financial dictator of Germany. The. Government has abandoned its negotiations for a loan from the United States, and will, obtain the necessary credit, to meet the Budget deficit from the banks, conditional upon the creation of a sinking fund to protect the floating debt. This will involve the postponement of the income-tax reduction programme. -■ ...a;
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Taranaki Daily News, 23 December 1929, Page 19
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77GERMAN FINANCIAL PLANS Taranaki Daily News, 23 December 1929, Page 19
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