Berlin, Wednesday: The Anglo-German negotiations on Germany’s overdue debts for imports of coal, textiles, and other raw materials and unfinished goods, opened to-day at the Ministry of Economics. Sir Frederick Leith Ross, Chief Economic Adviser to the British Government, Mr. T. Q. Hill, of the Board of Trade, and Mr. H. G. S. Pinsent, Financial Counsellor to the British Embassy, represents Great Britain. Dr. Schacht, President of the Reichsbank and Acting Minister of Economics, is the principal German negotiator. German economic writers are alarmed at the various estimates of Germany’s foreign indebtedness, which, they say, “have a tendency to grow from day to day.” They appeal to the “business instincts of the British” by placing in the foreground the necessity of continuity of trade. They also lay stress on Dr. Schacht’s recent currency regulation guaranteeing payment to British exporters for future deliveries. The newspapers are confident that a way will be found in Berlin for settling the question of the old debts, and they expect from the British delegation useful proposals to this end. — Reuter.
[see also Liverpool Echo: Wednesday 19th September 1934]
Transcribed in whole or part from scanned originals: Presented with or without modified text and punctuation. For absolute accuracy refer to the original newspapers. Source: The British Newspaper Archive.
Referenced
GRO0365 Devonport: Gerald Hume Saverie Pinsent: 1888 – 1976