AUSTRALIAN NOTE ISSUE.
ISSUE OF .£7,000,0(10. Br Telegraph—Press Association—Oopyrleht Melbourne, June 8. Tho value of the Australian noto issue having passed seven million pounds, it is now necessary for the Federal Treasurer to keep a pound for pound gold reserve against all further issue. In the issue below seven millions a reserve of only one-fourth the value of the notes need bo held.
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Bibliographic details
Dominion, Volume 4, Issue 1149, 9 June 1911, Page 5
Word Count
63AUSTRALIAN NOTE ISSUE. Dominion, Volume 4, Issue 1149, 9 June 1911, Page 5
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