“UNTHINKABLE!”
REDUCTION OF INTEREST IN PROSPEROUS TIMES. POSITION SHOULD BE MADE CLEAR TO BRITAIN. MR. FORBES’ OPINION.
'Press Associationj. WELLINGTON, July 3. . Commenting on Mr. - Savage's statement regarding overseas interest, Mr. Forbes, in an interview, said he could not for one' moment thin* Hint repudiation was intended, because that was utterly opposed to all that political . parties had stood R> r in the past, namely, hfew Zealand’a obligations to - tlio®?? 1 * 10 " land so long as it was hujffianfy. P os ' sible. During the depth ip{ the depression there; might have' been some justification ; to ask for - some .relief, but that had not been done, because itwa's recognised that , bondholders were suffering - from the same cause. • To suggest, and almost demand! a reduction of interest when the coun r. . is in a prosperous condition, thinkable. /He hoped that Mr* ago' would- make it clear tha ,e- ---- intend : that aitd that, lie )'.o. honour New Zealand’* 5 oblige ,nnw '
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Bibliographic details
Gisborne Times, Volume LXXXIV, Issue 12905, 4 July 1936, Page 4
Word Count
158“UNTHINKABLE!” Gisborne Times, Volume LXXXIV, Issue 12905, 4 July 1936, Page 4
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