The Archive · 1922

A Point on the Banque Industrielle

To the Editor of the "Norra-Cuina Datty News."

§1r,—When we poor depositors in the Banque Industrielle are refunded our money (which I suppose will be about the time when China finds the cash to buy back Tsingtao) will those whose accounts are In marks be repaid in taels at the yote of exchange at which they bought those marks through the Bank or will they be repaid at the present rate of exchange, or will they be credited with marks only? Should either of the two latter courses be taken, it will be a gross hardship especially to those who had their li€fle all in marks. The equitable way, of course, would be to repay at the rate at which the Bank sold the marks, as it was due to no fault of ours that we were unable to dispose of them when they began to fall.

I am, ate., Macionarne 1n Marks!

Text read from the printed page and cleaned; old type leaves the occasional error.

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