STRAINED FEELING
MINISTRY AND CAUCUS
RELATIONS WITH 00MM0X-
WEALTH BANK
(Received 6th December, 10 a.m.) CANBERRA, This Day. , Strong dissatisfaction with the relations existing between the Federal Ministry and the board of directors of the Commonwealth Bank was expressed at a Labour Party Caucus. Although the meeting sat until midnight, no resolution was agreed to. The discussion will be renewed by Caucus on Wednesday.
A cablegram from Sydney yesterday stated that it was reported unofficially in banking circles that the Federal Labour Caucus had succeeded in persuading the Government to agree to an inflation of currency to the extent of £24,000,000. The directors of the Commonwealth Bank were recently reported to be adverse to such a step.
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Bibliographic details
Evening Post, Volume CX, Issue 137, 6 December 1930, Page 9
Word Count
117STRAINED FEELING Evening Post, Volume CX, Issue 137, 6 December 1930, Page 9
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