THE ECONOMIC BLIZZARD
NEWFOUNDLAND'S POSITION POSSIBILITY OF INSOLVENCY Press Association—By Telegraph—Copyright. LONDON, December 28. (Received December 29, at 10 a.m.) Reports have reached London that there is a possibility of Newfoundland declaring insolvency. Anxiety is felt whether she can meet tho £18,000,000 interest on Government bonds due on January 1. Mr J. H. Thomas declares that he is aware that Newfoundland’s position is serious, being another proof how the economic blizzard is sweeping the world.
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Evening Star, Issue 20987, 29 December 1931, Page 7
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75THE ECONOMIC BLIZZARD Evening Star, Issue 20987, 29 December 1931, Page 7
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