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GOLD v PAPER

GERMAN MONEY CASE ENGLISHMAN’S TRANSACTION 459,000.000 INVOLVED [By Telegraph—Press Association—Copyright] Received’ December ], 7.29 p.m. LONDON, Nov. 30. One of the most extraordinary financial disputes of recent years, inheard by the King’s Bench Division. An Englishman, residing in Germany during the inflation period, bought for £15—9,000,000,000 paper marks, obtaining a draft payable in London any time within six years. He waited six years except a day and demanded payment, but, meanwhile, the paper mark had been repudiated and the gold mark instituted by Germany. Accordingly the bank refused to pay.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19291202.2.56

Bibliographic details

Wanganui Chronicle, Volume 72, Issue 286, 2 December 1929, Page 7

Word Count
92

GOLD v PAPER Wanganui Chronicle, Volume 72, Issue 286, 2 December 1929, Page 7

GOLD v PAPER Wanganui Chronicle, Volume 72, Issue 286, 2 December 1929, Page 7

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