NO CHEAP MONEY.
WELLINGTON BANkERS- VIEWS.
(ByT e ieg7 ; aph.-Sp e ciai^.. Sta .,, )
WELLINGTON, this- % Interviewed to-day a number of"."«£• bankers gave their opiuwlu fall in the interest rate in the nea rt :: was -very unlikely. ■ e 'It is only common sense thatmrmi should remain at its present prfeffi Zealand; when mterest rates are m≥ where/ , said one bank manager. ' Financial circles expect that'tlm'«,"•'■ s anticipate^.that at lea S t=;£l;ooo0()0 Vi be requ.redby.4he GovernmenTS ? its scheme for unmediate relief of £ ploynient m operation,.andit is tS that .this money may b. e :raised: h 7 3 menial loan. This will serve tow£ rate ot interest high. ; " pae
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Bibliographic details
Auckland Star, Volume LX, Issue 246, 17 October 1929, Page 8
Word Count
106NO CHEAP MONEY. Auckland Star, Volume LX, Issue 246, 17 October 1929, Page 8
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