Berlin: More bad economic news: a second bank
fails. The Reichsbund’s collapse costs
4,000 civil employees their savings.
This comes barely more than a week after the Bank for Civil Employees
failed, wiping out the savings of 5,000 civil employees.
Great Britain: Bad economic news here too: unemployment is
reported to be over 1.2 million.
China: Renewed heavy fighting is reported in Honan
between rebels and nationalist government forces, with the government claiming
victory and a “mountain high” pile of dead.
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