London, Mar. 11. of road travel was provided ug evidence of the growing when Inv. P. J. Pybus, ter of Transport, opened the wor Targest motor coach station with Ferme new station will be used by gen key.
92 railway companies. It will also have special facilities for maintain. ing: direct Lelephonic communication with all provincial' stations, Financial experts in Stockholm in general are of the opinion that Mr. Kereuger was not bankrupt. but tha his suicide. was the result nervous breakdown, induce by the eneral strain of the Swedis—United Press, La. Mar. 18 The Prime Minister of Sweden, M. Ekman, in an interview to-day stated that the Government Bill providing a moratorium for private anoding was Ilended "to. allow companies in the Kreuger group strengthen their resources, if nec ary, witha view to the posebilty fof cisims being made upon. them.
The Inspector of Swedish Banks emphasises that the position of the banks, even those with closest con: nections with the Kre has not caused any alarm. among leading financiers and business men, Hie urges the public not to panic, Jand declares the dificolties are not London, Mar. 18. the Belgian fnanciar Lowenstein in Not since the dis of
1928 has such dismay been occasioned by the death of an individual as torium until the end of March to the "Swedish concern Krueger Toll, Ltd., which is the big holding company for the Krueger &, Toll terests, the American Krueger Toll Company, and two comparatively unimportant holding companies which administer certain lots of shares in affiliated industrial concerns, as well as to the estate of the late Mr. Krueger and certain officials of the Krueger & Toll cor-cerns personally.
The Match King's Career Ivor Kreuger, one of the world's grest finaticiers but to most people An unknown figure, let alone name, dead. To the people: of Stockholm he wases much an object, of curiosity as in other parts of world, "A man who was not a reclose, bat who to escape publicity, who organised over 200 stock companies and who controlled three-quarters of the match Ddusiness of the world, Ivor Kreuger was remarkable, Although he was Sweden's favourite son and a tremendous figure in the world of finance, Mr. Kreuger had no publicity agent and industry which had always played leading part in Sweden's economic fe but had fallen upon lean times, lowing. to overproduction and throat competition. grew the Internétional Stretching its tentacles all over the arid, match monopolies were established in Germany, Poland, Rumania and a number of other} geuntres, Tnctoding" several South American states. "in every: one these cases, loans were granted to the governments, involving intricate financial operations, carried through by: the firm of, Kreuger and. Toll who acted as a holding company for the Trust whose shares were quoted jon nearly. all. stock exchanges. Eventoally, a vast financial orga: tion had grown up, overshadowing, fat times the industrial side of the Susiness, and of late there had been persistent rumours that some of the fnvestmente had' not "prospered and that gs Na remote' of the world pression, and. parti-talarly the. depreciation of the pound' a considerable proportion the. Trust's astels: were for the French airwoman Mile: iqryse Hiltz, who was stranded. ab Nipm in the Belgian Congo with damaged, engine, heard of them, Telegrams to:
ince then nothing has. been Nikm got no reply and there is'no indication as to whether de Sibour reached his destination or crashed This is the second time the tier has been lost, When in China last summer and. flying the Britislt Minister, to Nanking from Peking ho was "lost" for a time but later: it was found that floods shad come pelled him to halt his journey en! route—Reute she Atlantic several times daring the inst few months, Me, Kreuger ape ear Keetger, despite his great wealth, led a simple life and was an ident' prohibitionist, He had never insisting that the exigencies Dobition aeould not allow het fo devote himeett to farcily life, He as often referred to as "the wabid's
Text read from the printed page and cleaned; old type leaves the occasional error.