How, unknown to the public, the currency of a country was inflated by over a million pounds without any effect on the exchange or loss of confidence resulting was mentioned by Dr A. L. Haslam in an address at Canterbury College last night, when he referred to the famous Waterlow-Bank of Portugal case of 1924. An impostor obtained over a million pounds worth of Portuguese bank notes from the printing firm of Waterlow, London, and, with some influential accomplices, ran a new bank in Portugal for over a year before the felony was discovered. Incidentally, in the resultant Court case the House of Lords decided by a majority that Waterlow’s owed the Bank of Portugal damages to the face value of the spurious notes recovered. not to the value of the cost of printing. Keep fit and fresh throughout, the year, Be free from sniffs and sneezes; Have naught to do with hacking cough, With rasping, throaty wheezes. If robust health and sparkling eye You’re eager to secure, For winter ills and summer chills Take Woods’ Great Peppermint Cure.
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Bibliographic details
Star (Christchurch), Volume LXVI, Issue 20366, 25 July 1934, Page 4
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179Untitled Star (Christchurch), Volume LXVI, Issue 20366, 25 July 1934, Page 4
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