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FROZEN SHARES

LONDON CRITICISM

LONDON, February 17.

It makes no difference to the war effort how frequently existing assets change hands. The financial editor" of the "Daily Telegraph" claims this in commenting on the Australian plan of financial control. The notion that it is as important to control the transfer of existing capital as to direct the flow of new capita] is fallacious, he says.

"The proposed bah on the sale or investment of capita] is even more objectionable than profit-pegging," the

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19420220.2.45

Bibliographic details

Evening Post, Volume CXXXIII, Issue 43, 20 February 1942, Page 6

Word Count
82

FROZEN SHARES Evening Post, Volume CXXXIII, Issue 43, 20 February 1942, Page 6

FROZEN SHARES Evening Post, Volume CXXXIII, Issue 43, 20 February 1942, Page 6