DEMAND OF CAUCUS
EEPOETED DECISION
OVER TWENTY MILLIONS
Utiited Press Association —By Electric Telegraph—Copyright. SYDNEY, 4th December. It is reported unofficially in banking circles that the Federal Labour Caucus has succeeded in persuading the Government to agree to an inflation of currency 'to the extent of £24,000,000. A representative conference of primary producing, banking, mercantile, and insurance interests at Sydney to-day discussed the financial outlook, and condemned the attempts to inflate the currency. A resolution to the effect was passed that unless steps be taken immediately to reduce the- costs, the primary industries must cease operation, and a seri- . ous' financial collapse be made inevitable.
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Bibliographic details
Evening Post, Volume CX, Issue 135, 5 December 1930, Page 9
Word Count
105DEMAND OF CAUCUS Evening Post, Volume CX, Issue 135, 5 December 1930, Page 9
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