DANZIG

The Free City of Danzig is about to invite the United States to subscribe to a loan of $20,000,000 for the purpose of establishing a new currency to replace the German and Polish paper marks. The new unit of currency of the former German port will be either the dollar or the pound sterling.

Many towered Danzig is administered by the League of Nations through a High Commissioner, appointed for one year. He is directly responsible to the Council of the League; his duty is to mediate in differences between the Free City and its neighbors (Germany and Poland). The civic administration is conducted by a Senate and an Assembly, elected by the population, on the basis of a constitution approved by the High Commissioner and the Council.