A Balance Wheel of World Credit

THE conception seems to have formed in the popular mind that the Bank for International Settlements which began at Basel, Switzerland, May 20, 1930, was organized merely to handle German reparations payments and the so-called interallied debts, and that its principal operations are concerned with th...

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Bibliographic Details
Published in:Nation's business 1931-03, Vol.3 (3), p.23-25
Main Author: McGARRAH, GATES W
Format: Magazinearticle
Language:English
Subjects:
Finance, International
McGarrah, Gates W
Online Access:Get full text
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Summary:THE conception seems to have formed in the popular mind that the Bank for International Settlements which began at Basel, Switzerland, May 20, 1930, was organized merely to handle German reparations payments and the so-called interallied debts, and that its principal operations are concerned with the German debt payments. That is a mistaken, although an understandable, view.
ISSN:0028-047X
2169-8155