OVERSEAS CREDITS
QUESTION FOR MR. SAVAGE
(By Telegraph—Press Association.)
AUCKLAND, July 16.
The need f (jr the Minister of Finance (the Hon. W. Nash) to arrange overseas credits for private importations is emphasised in a telegram sent by the Bureau of Importers to the Prime Minister. The telegram is as follows: —
"A Press Association message from London states that the Parliamentary Secretary for Overseas Trade in thtt House of Commons said: *We are discussing with the New Zealand Minister: of Finance the granting of credits to* New Zealand. They will probably be used partly to enable New Zealand to finance purchases from Britain for defence and partly to purchase the New Zealand Government's commercial requirements as distinct from purchases by private quarters.' "What provision is the Government making as regards providing overseas credits to enable private businesses to function, to maintain employees, and to continue their substantial contribution: to Government revenue through Customs, sales tax, and income tax?" .
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Bibliographic details
Evening Post, Volume CXXVIII, Issue 14, 17 July 1939, Page 9
Word Count
158OVERSEAS CREDITS Evening Post, Volume CXXVIII, Issue 14, 17 July 1939, Page 9
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