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.
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Bibliographic details
Greymouth Evening Star, 2 December 1950, Page 7
Word Count
83Australia’s Dollar Loan Greymouth Evening Star, 2 December 1950, Page 7
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