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
92GOLD v PAPER Wanganui Chronicle, Volume 72, Issue 286, 2 December 1929, Page 7
Using This Item
NZME is the copyright owner for the Wanganui Chronicle. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.