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Graettinger Times in Graettinger, Iowa

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Newspaper

Graettinger Times

Location

Graettinger, Iowa, United States of America

Date

Jul 23, 1931

Page

16

Germany Crisis Deepens As Banks Halt Payments

Germany faces a severe financial crisis with bank closures and a two day moratorium as capital flees. Berlin seeks international aid while France resists conditions, and American banks pledge renewed rediscount support to the Reichsbank amid mounting anxiety and social unrest.

Germany George W France McGarrah Darmstnedter Und National Bank Hans Luther Teelebsbank Berlin London Paris Reichsbank Danzig von Hindenburg Luther Basel Bank For International Settlements Gates W. McGarra B. I Federal Reserve Bank of the United States Bank of France Bank of England World Bank Banwahile America Europe Hoover Washington

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