CHEAP MONEY
Mentioning that the present rate of interest payable on its debentures was 4% per cent per annum, against 7 per cent in 1927, Sir Mark Sheldon, chairman of director of Anthony Hordern and Sons, said at the rccent annual meeting:— "Nothing is more conducive to solving the employment problem of the -wage-earner than tlie supply of cheap money for prienterprise, and nothing has a greater bearing in enabling the wage-earners to be continuously employed than the supply of capital for private enterprt. at reasonable rates."
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Bibliographic details
Auckland Star, Volume LXIX, Issue 137, 13 June 1938, Page 4
Word Count
87CHEAP MONEY Auckland Star, Volume LXIX, Issue 137, 13 June 1938, Page 4
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