INEQUALITY OF SACRIFICE.
"Australia is in imminent financial danger, and we cannot delay further in grappliug with the situation and fighting our way back to sound finance and Btability. "I am fully aware how very hard it is going to hit some individual bondholders who are entirely or largely dependent upon income derived from their bonds, and I realise that here there is an absence of equality of sacrifice. "The only consolation I can offer to those so placed is that failure to accomplish the financial rehabilitation of our country would result in a loss much greater than that which you are invited to accept now. -
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Bibliographic details
Evening Post, Volume CXII, Issue 49, 26 August 1931, Page 12
Word Count
106INEQUALITY OF SACRIFICE. Evening Post, Volume CXII, Issue 49, 26 August 1931, Page 12
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