CASH PAYMENTS.
SOVIET ORDERS FROM BRITAIN. REDUCING VOLUME.OF EXPORTS. (United Press Association—Copyright) (Received This Day, 10.40 a.m.) LONDON, December ,3. The Soviet has decided that in future it will pay cash for all orders from Britain, unless the cost of credit facilities is considerably reduced in view of existing conditions in the money market. Tims £500,000 were available and could be used for cash purchases instead of financing a credit of £500,000. Arcos is already offering cash. It is expected considerably to reduce imports into Britain, indicating the growing strength of Russian economy will not affect the working of the Anglo-Russian trade agwreement.
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Ashburton Guardian, Volume 55, Issue 46, 4 December 1934, Page 5
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103CASH PAYMENTS. Ashburton Guardian, Volume 55, Issue 46, 4 December 1934, Page 5
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