PLEDGING CREDIT
TIME-PAYMENT EVILS WARNING BY FEDERAL TREASURER. ,rwi Association —J3y Telegraph—Copyright SYDNEY, May 17. Dealing -with the high rate of taxation and the recurrent surpluses over his estimates, the Federal Treasurer (Dr Earle Page) said that the development of the timo-paymeut system in Australia was proceeding at an alarming rate. It was resulting in the prospective wealth of the community being pledged for goods, many of them foreign, at a rate which could not be forecasted. This; resulted in an everincreasing importation of such luxuries as motor cars, musical instruments, and similar goods.
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https://paperspast.natlib.govt.nz/newspapers/ESD19270518.2.41
Bibliographic details
Evening Star, Issue 19559, 18 May 1927, Page 5
Word Count
94PLEDGING CREDIT Evening Star, Issue 19559, 18 May 1927, Page 5
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