CASH WANTED.
AMERICAN BASIS FOR WHEAT DEAL. Washington, March 30 If the Grecian Government wants to buy 7,000,000 bushels of wheat from the Federal Farm Board, it will have to pay cash. that such a deal is imminent has found no strong foundation here. At the Farm Board's office the only -comment was ‘‘Cash-—no credit tp the Greek Ministry.” It was said that Greece has not presented an offer to the board since December.
Greece on Tuesday announced new decrees placing an embargo on Canadian, Argentine and Australian wheat imports as a preliminary to the possible re-opening of negotiations with the American Farm Board. When Greece first talked of purchasing wheat here, the hoard was willing to consider a credit arrangement. Since then, however, its Treasury has ■been further diminished to a point where it cannot undertake long-time financing. Administration leaders are meanwhile seeking a £20,000 appropriation to finance foreign sales, particularly in new markets, such as the Orient
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Bay of Plenty Times, Volume LX, Issue 10831, 1 April 1932, Page 3
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159CASH WANTED. Bay of Plenty Times, Volume LX, Issue 10831, 1 April 1932, Page 3
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