TIME-TO HALT
AUSTRALIAN BORROWING
(Isy Telesrapli—l'iess Assn.—Copyright.)' (Received December 20,.9:30 a.m.) MELBOURNE, This Day/ Mr. X.: M. Niall, chairman of- directors of • the well-known wool firm .of Goldsbrough, Mort and Co., in. addressing; the annual meeting of shareholders, .• deprecated Government borrowing. ' ' ■ ■ . '. ■ • . ■. ,■'■■','.. I He said thatiunless a halt werecalled it was only a matter of time when the Commonwealth would again be 'in difficulties, and the burden of ■- taxation would'be too heavy to bear. j The recent Commonwealth loan of I £7,500,000 had brought the total .of new. borrowings during the past four year's to £.130,000,000. .1
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Bibliographic details
Evening Post, Issue 149, 20 December 1935, Page 10
Word Count
96TIME-TO HALT Evening Post, Issue 149, 20 December 1935, Page 10
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