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Nicaragua’s Financial Distress

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Pacific Press Publishing Company · Oakland, California · Aug 13, 1902

FromSigns of the Times, Vol. 28, No. 33.

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Nicaragua’s Financial Distress

The financial distress in Nicaragua is increasing to such an extent that 500% is now being offered for foreign exchange. The decision of the United States Congress to build the canal by way of Panama has greatly depressed the Nicaraguans, and is said to be partly responsible for Nicaragua's increased financial difficulties.