REHABILITATION IN AUSTRIA.
THE 14) AN FROM BHJTAIN. INTBBNAL REFORMS TO BE undertaken. (EEITISH OJTICIAL WIRELESS.) (Received December 21st, 5.5 p.m.) KXfGST, December 20. Uowse of CojnmPflS tp-pight approved a resolution authorising the + F e ftSmry, in pursuance pf the Austria rptojiol, whiph tyg.3 dr)*wn up at GePft 15t}i last, to guarantee the payment of principal apd interest 0 u ft loan of such ampunt as would produce a gum not jnora than one mil* llc >W gold shillings. The Chancellor of the Exchequer (Mr Neville Chamberlain) explained that the protocol provide# qi\ the side pf Austria for internal reforms, including the wftlftneing of the Budget, and that it ftimed at the abolition of exchange control and the strengthening of the national bank. The Austrian Government Undertook to '■ meet in the future all ifs foreign obligations. The proceeds of the amount of the loan to be guaranteed by the British. Government were to be used to repay the temporary advance made by the Bank of England last yegr. « [On Jllly 15th t|ie Council of the League of Nations recommended a loan of £10,000,000 for Austria, Great Britain's sliare to lie £3,000,000.]
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Press, Volume LXVIII, Issue 20736, 22 December 1932, Page 11
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191REHABILITATION IN AUSTRIA. Press, Volume LXVIII, Issue 20736, 22 December 1932, Page 11
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