WEMBLEY.
A FINANCIAL FAILURE.
LIABILITY OF GUARANTORS.'
BY CABLE-PRESS ASSOCIATION—COPYRIGHT LONDON, Aug. .28. The Daily Express says the prospects of continuing the Empire Exhibition in 1925 are negligible. A sub-com-mittee of Cabinet unanimously decided that the exhibition’s undoubted propaganda value would not offset a renewal of the exchequer’s heavy financial liabilities. Pressure from the Dominions and from British industrial and trade organisations is equally opposed to a continuation.
The weather has seriously affected the financial result and 18,000,000 visitors are required prior to October 3J to make the concern pay. It is estimated that the guarantors will he called on to pay ten shillings in the et,
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Bibliographic details
Hawera Star, Volume XLVIII, 29 August 1924, Page 5
Word Count
107WEMBLEY. Hawera Star, Volume XLVIII, 29 August 1924, Page 5
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