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Part of Oral Answers to Questions — Germany – in the House of Commons at 12:00 am on 26th October 1949.

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Photo of Sir Walter Fletcher Sir Walter Fletcher , Bury 12:00 am, 26th October 1949

Is the right hon. Gentleman aware that the average rate of interest charged for all import and export business in Germany is 8 per cent. to 9 per cent., and that this is likely to provoke inflation and a serious industrial crisis in Germany?