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SIR HENRI DETERDING EXPLAINS BIG GIFT TO AID GERMANY

The Singapore Free Press and Mercantile Advertiser: 31 December 1936, Page 1

SIR HENRI DETERDING

EXPLAINS BIG GIFT TO AID GERMANY

Sir Henri Deterding, in an interview, said his gift of 10,000,000 florins to buy agricultural products in Holland for Germany, was actuated by the necessity of doing away with cumbersome restrictions and helping to restart the free exchange of commodities.

The world is starting to enthrone gold as its ruler, he said. That is wrong for the world as well as for gold.

– Reuter

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