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.
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.