LANG'S ATTITUDE
PAYMENT OF INTEREST
COMMENT BY LYONS
MELBOURNE, 17th April. The Prime Minister, Mr. J. A. Lyons, has sent a statement to the London Press deprecating Mr. Lang'3 suggestion to withhold overseas interest in order to meet economic and financial difficulties.
Mr. Lyons points out that the prospect of a general reduction in interest in external debts depends on the action taken upon' an international basis for the relief of debtor countries. He sincerely hopes that the war debts question will be settled at the International Conference to be held at London in June. "Whatever measure of relief is obtained," he says, "will depend upon how far we are able to strengthen our credit. Mr. Lang's attitude will certainly not enhance our prospects of relief."
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Bibliographic details
Evening Post, Volume CXIII, Issue 91, 18 April 1932, Page 7
Word Count
126LANG'S ATTITUDE Evening Post, Volume CXIII, Issue 91, 18 April 1932, Page 7
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