COLONIAL BORROWERS.
CAN BRITAIN OVER-LEND 7 LOXDOX, June 2G. f The "Financial News" says that the r high proportion of Dominion and foreign I, borrowings to the total capital issues i this year raises the question as to c whether or not it is possible to over- !- lend. Secondly, the question is raised c as to the economic consequences of large n overseas loans. '"It has been freely f asserted," Fays the writer, "that over i. lending abroad has occurred, and that, j for the time being, we have outrun our available surplus. Overseas loans may easily exercise similar influences on exchanges and prices as does inflation." — (A. and N.Z. Cable.) r. =====
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Auckland Star, Volume LV, Issue 151, 27 June 1924, Page 5
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112COLONIAL BORROWERS. Auckland Star, Volume LV, Issue 151, 27 June 1924, Page 5
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