THE FINANCING OF ENTERPRISES IN GERMANY UNDER CONDITIONS OF DEPRECIATED CURRENCY.

The article details the difficult situation that German businesses are finding themselves in as the German mark depreciates and businesses are unable to find capital to fund growth. The article explains that German business is facing low worker performance, an increase in overhead costs, a lengthening in time to process raw materials, and unstable product prices. The article examines the efforts to stabilize industry, including the attempt by some industrial firms to establish their own banking institutions to attract financing and the formation of branch factories in other countries. The issues of loans, "valorization," and interest rates from the Reichsbank and commercial banks are addressed. Because of instability, much German industrial financing is being backed by foreign currencies.