Ch. 1487London Foreign Merchants
As the American economic crisis spread to Britain, Deliman discussed the collapse of his London business with Tambor and decided to sell his British assets and return to Gabon Province. The crisis then reached Vienna, which became the first European city after London to be swept up in financial turmoil.
- Deliman told Tambor that Britain's worsening economy had ruined orders and left his Libreville London Chamber of Commerce poorly positioned to find new business.
- Tambor advised Deliman to leave London before the crisis worsened and explained that wealthy British customers and political connections were the few remaining sources of opportunity.
- Deliman admitted that he had lost money in the London stock market and resolved to sell his British assets and focus on business back home.
- Deliman and Tambor wished each other well as Deliman prepared to leave Britain, and Deliman mocked British cooking.
- On October 27, 1929, Vienna became the next European financial crisis center after the New York and London stock markets collapsed.