LESSON LEARNED
WISER IN FUTURE
"The realisation has now been brought home to both Federal and State Governments that unreproductive spending of loan money must cease," said Mr. R. A. Marks, a member of the New South Wales Chamber of Commerce, to the "Daily PietoriaL"_ "Good must come from the- economic crisis from which we are now emerging arid the visit of Sir Otto Niemeyer will do much to help Australia. "Already the banks have removed the Federal Government's doubts as to Hie stabilisation of our finances, and private enterprise will therefore benefit 'by the more hopeful financial atmosphere. "It is safe to predict that future loan money will be handled more ifvisely. We have learned a lesson that Iras gone" home. "We have that much for which to iSbaak o«r present experience,"
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Bibliographic details
Evening Post, Volume CX, Issue 45, 21 August 1930, Page 17
Word Count
133LESSON LEARNED Evening Post, Volume CX, Issue 45, 21 August 1930, Page 17
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