Davison: 'the credit of all Europe has broken down'
Citations (1)
- Lords of Finance whole source · open book
The credit of all Europe has broken down absolutely. Specie payments suspended and moratorium in force in France and practically in all countries, though not officially in England . . . it is as if we had had an earthquake, are as yet somewhat stunned, but will soon get to righting things.
chapter: 4. A SAFE PAIR OF HANDS - THE United States: 1914