Associated Press International News Germany GERMANY FINANCIAL CRISIS 1931

GERMANY FINANCIAL CRISIS 1931

People crowd the Darmstaedter and National Bank after the bank, one of the five largest in the country with capital and reserves of about $30,000,000, suspended payments in Berlin, Germany, on July 13, 1931. The rising demands for foreign currencies is putting a drain on the bank's resources. The run which closed this bank extended to other banks, and to prevent the panic from spreading the government closed stock exchange trading. This situation resulted in Germany's financial crisis. (AP Photo)

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310713010
July 13, 1931 04:00:00 AM
July 13, 2001 10:22:14 AM
ASSOCIATED PRESS
037580
2106 x 3000 1.02 MB
BERLIN, GERMANY
APHS124
XNBG

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