T OO MUCH BORROWING.
AUSTRALIA'S DEBT
, ~,.«_««» ASSOCIATIOX-COPTBIGHT.)
jIELBOURNE, January 6. . bis annual address to the mem- , i <of the- Stock Exchange, Mr F. Woods' chairman, expressed concern sft rate at winch Australia'.was k «S economy with discretion apJahfr lie more necessary than ever. SiKktional Debt was increasing at a S'rate than it should. The quesSSwi»Natfonal. Debt should be ' Sm'maa- For the past year ' Srrowink -had increased by nearly £1)000000 There seemed to be a tatay-toTpt everything under control except the. cost, of production and borrowing.' "'
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Bibliographic details
Press, Volume LXIV, Issue 19202, 7 January 1928, Page 13
Word Count
85TOO MUCH BORROWING. Press, Volume LXIV, Issue 19202, 7 January 1928, Page 13
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