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Australia’s Dollar Loan

Introducing in. the House of Representatives a bill authorising a loan of .100,000,000 dollars from the International Bank, the Federal Treasurer (Mr A. W. Fadden) said that, although the dollar position had improved, it would be unwise to expect any all-round casing of restrictions on dollar expenditure. The Government was raising the loan to remove shortages of capital equipment obtainable only from America. For the immediate future, the dollar outlook remained uncertain, though promising, added Mr Fadden. —Canberra, Dec. 1.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GEST19501202.2.76

Bibliographic details

Greymouth Evening Star, 2 December 1950, Page 7

Word Count
83

Australia’s Dollar Loan Greymouth Evening Star, 2 December 1950, Page 7

Australia’s Dollar Loan Greymouth Evening Star, 2 December 1950, Page 7

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