The North German Lloyd line lost $11,000,000 during 1933 and is threatened with a loss of an equal sum during 1934, Karl Lindemann, chairman of the line told a general meeting of the company today.
“We will only be able to reach a solution of world trade when currencies are stable,” Herr Lindemann declared.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.