COMPULSORY LOANS
POSSIBLE NEED IN AUSTRALIA
-.-. . SYDNEY, July 9. .......The Sydney "Sun's" Canberra repre- . sentative states that • the Commonjwealth's economic advisers are visualising compulsory loans as the Commonwealth has in mind a war programme which will mean an aggregate "expenditure of £150,000,000 instead of, as originally planned, between '£.70,000,000 and £100,000,000 for the "current financial year.
- The Government's experts admit that such a course would mean vast economic changes, profoundly affecting everyone, but they deem that such a "course will be necessary in order to avoid post-war financial problems.
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Bibliographic details
Evening Post, Volume CXXX, Issue 9, 10 July 1940, Page 9
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89COMPULSORY LOANS Evening Post, Volume CXXX, Issue 9, 10 July 1940, Page 9
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