Berlin: Hundreds of leading Germans issue a signed manifesto calling on the nation to reform its financial situation in order to
meet the terms of the Young Plan. The
manifesto doesn’t specify what measures should be taken, but it stresses that no
government money should be spent without an adequate return. Signatories include Dr. Hjalmar Schacht, head
of the Reichsbank, as well as leading industrial magnates and bankers, and a former chancellor.
London: The naval conference adjourns for one week
due to France’s political crisis, which has the French delegation at home.
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