EXPORT CREDIT SYSTEM.
LONDON, May 31. The House of Commons adopted a resolution extending the export credits and insurances scheme throughout tlie Empire, except India and British . possessions in the Far East, which the Prime Minister stated required certain consideration, owing to conditions under which outstanding commercial obligations had not been fitllv honoured. He emphasised that it was "not desirable that credit facilities he extended if they in any way prevented trades from discharging* their full obligations. The Prime Minister pointed out that it was only when banks Would not take up business that the Government would step in. The scheme was entirely supplementary.— (A. and N.Z.) ,
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Auckland Star, Volume LII, Issue 129, 1 June 1921, Page 5
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107EXPORT CREDIT SYSTEM. Auckland Star, Volume LII, Issue 129, 1 June 1921, Page 5
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