LYONS THE HERO
VICTORY FOR SANE FINANCE
TRIBUTE TO COURAGE
LONDON, loth December. The "Daily Telegraph," in an editorial entitled "A Victory for Sane Finance," explains the circumstances of the floating of the £28,000,000 loan, and says it will long be associated with the name of Mr. Lyons, whoso fight for honest finance in the inner councils of his party has raised him to the position of a popular hero. The power of the Labour Caucus in Australia has no parallel elsewhere. In defying its authority, Mr. Lyons took his political life in his hands. The avalanche of applications during the past few days is a, memorable proof of Australia's resources and carefulness for its financial honour. The political situation, however, is still one of the utmost complexity.
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Bibliographic details
Evening Post, Volume CX, Issue 144, 16 December 1930, Page 11
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128LYONS THE HERO Evening Post, Volume CX, Issue 144, 16 December 1930, Page 11
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