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WELL RECEIVED

COMMENT BY "THE TIME k" The • following cablegram from . ithe - ( High Commissioner in London waa .^received to-day by the Minister of / Sin-anee:-7-: ' ■" '■' ■• ■ ■■■-' ■■"•; ■ "Press generally comment favbuii ably regarding loan. Following is 4x\ yact from comments made by Lot hi lon "Times":— . . , • '; _ " 'The story told in prospectus sj b owing position, of country would core .j jare not unfavourably, with that of' any . other primary producer. This \ jii a. tribute to the policy of her Govern tment r . which has' made drastic reducticc nisi in ' expenditure and has successfully r. resisted the temptation to deprecia. fee 'deliberately the currency. New 3: jaland is now reaping the benefit of he-r%(htibn, for she is able to issue a s'pier ~'cent. . loan at price which is about eighjS jl oints . above the market price of Criin monwealth 5 per cent, loan of 1945/19$ 5.' "

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https://paperspast.natlib.govt.nz/newspapers/EP19320405.2.73.1

Bibliographic details

Evening Post, Volume CXIII, Issue 80, 5 April 1932, Page 10

Word Count
142

WELL RECEIVED Evening Post, Volume CXIII, Issue 80, 5 April 1932, Page 10

WELL RECEIVED Evening Post, Volume CXIII, Issue 80, 5 April 1932, Page 10