Berlin, June 21.
warning that Germany would cease all commercial relations. with any country imposing a forced clearing-house system against her was given by Dr. Hjalmar Schacht, president of the Reichsbank, at a Teception to-day for diplomats and Tepresentatives of the foreign press.
Germany's debt problem, he said, could not be solved by' force oF threats. A clearing-house system would mean non-payment for goods, which would. reduce, internation trade to a minimum and, finally, lead complete cessation of interna-
Text read from the printed page and cleaned; old type leaves the occasional error.