BIG SLUMP IN MARK.

Star (Christchurch), Issue 16571, 2 November 1921, Page 2

BIG SLUMP IN MARK.

BARGAIN HUNTERS AT WORK, By Teleer&ph-Press AsS©c.iatiou--Copyright. Australian and N.Z. Cable Association. LONDON, October 31. The “ Daily Chronicle’s” special Berlin correspondent states: “The sudden drop in the mark has made Germany a vast bargain country. Invading hordes are crossing frontiers in search of bargains* and cleared the frontier towns like locusts, also farms, with the result that many stores here and in other cities are empty and shut. The invaders arrive at the frontier towns in trains, motor-cars and carriages and pushing perambulators, and depart with portmanteaux full of spoil, buying everything purehaseable, from rings and furs to a couple of cheap meals. Americans prefer fura and evening dresses, Englishmen cameras and field glasses. Belgians, Spaniards, French, Danes, Swedes and Norwegians clear out drapers’ and furnishers’ and china shops. Representatives of half the nations of the world are bnsv buying up Germany, leaving residents to pay the piper in the sba£e of rapidly increasing prices.”