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German Treasury Faces Seventy Billion Mark Deficit
Berlin reports a looming deficit of seventy billion marks for Germany s treasury as Helfferich warns in the Reichstag. Finance Minister Wirth plans a sacrifice tax and seeks a credit of one billion marks to fund overseas purchases amid strained economic relations. An accompanying report notes remarks by British Ambassador Geddo urging restraint between the United States and Britain to avoid national trade conflict.
MENTIONED IN THIS ARTICLE
Associated Press
Berlin
Germany
Helfferich
Reichstag
Wirth
enreale
Presa
Auckland
Geddo
Ambatsador
America
Great Britain