LOAN IN BULLION
ALLEGED LOAN OFFER FOR AUSTRALIA'S HELP LAriC OF ENTHUSIASM (Aust. and N.Z. Cable) Sydney, .Tune TO A group of financiers in London Through a Sydney agency is reported to have offered a £ 15.000.000 loan in got! for a long term at market in teres 1 to the Commonwealth Government. the bullion to he paid for by bonds with a currency of -10 years at - per cent. The Prime Minister. Mr. .T. 11. Seullin. declined to comment, hut displays no enthusiasm about tlie offer. Some of bis colleagues express the opinion that the lenders must he very well disposed in .Australia, having regard To the financial plight of the country and the more profitable field elsewhere.
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Bibliographic details
Feilding Star, Volume 8, Issue 2450, 20 June 1931, Page 8
Word Count
118LOAN IN BULLION Feilding Star, Volume 8, Issue 2450, 20 June 1931, Page 8
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