Paris, Feb. 9.
The crisis in German' Exchange continues. German cartels in neutral countries refuse German notes or cash in payment and require gold or local German paper loses in Switzerland 22 per cent. when exchanged for Swiss currency, while Austrian paper loses 43 per cent. scheme for discharged soldiers suggests beginning with £2,000,000 to establish three pioneer colonies in Great Britain totalling 5,000 acres. It urges the cooperation of County Councils to provide small holdings for men who are not prepared to go to the above State colonies, and provision for agricultural training of disabled men.
The Committee considers that such a land settlement scheme is more likely to succeed than anything of this kind hitherto.
Text read from the printed page and cleaned; old type leaves the occasional error.