The World Bank
Sir,—lnstead of borrowing from the World Bank and still tying ourselves to dollar interest, why not start a large central sterling bank. This would include Britain and the whole of the worldwide British dependencies, including South Africa, Australia, New Zealand, etc. This would keep the money borrowed within the sterling area.—Yours, ietc., IF NOT WHY NOT? August 8,. 1958. [Principally because we have not enough money to back such a venture, though something may be done with American help.—Ed., “The Press.”]
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Bibliographic details
Press, Volume XCVII, Issue 28661, 11 August 1958, Page 3
Word Count
84The World Bank Press, Volume XCVII, Issue 28661, 11 August 1958, Page 3
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