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Says Norman Seeks Credit Loan to Nazis in Visit to the U.S.

July 26, 1934
See Original Daily Bulletin From This Date

The German government is making determined efforts to obtain foreign loans with which to buy raw materials, Georg Bernhard, editor of the Pariser Tageblatt, declared today.

Dr. Bernhard revealed that reports from London stated there was a possibility that the Hitler regime would obtain the necessary loans there. He also declared that the visit to the United States of Montagu Norman, head of the Bank of England and intimate friend of Dr. Hjalmar Schacht, head of the Reichsbank, was to prepare the ground in Wall street for granting raw materials and credits to the Nazi regime, but not for a cash loan.

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