LORDLY SCALE
TRADE NEGOTIATIONS
RUSSIANS IN FRANCE. LITTLE BUSINESS DONE. IV CAB I E —PRESS ASSOCIATION--COPY RIGHT. Received Sep. 5 II a.m. LONDON, Sep. 4. The Times P|auiis correspondent -also reports that the Ruysi-aiii trade delegation, • wliioh recently visited Lancashire, has arrived -at Rams, where it has commenced negotiations on an equally lordly -scale. It announced that it wa.s prepared to -purchaiso machinery and textiles totalling fifty million francs. Their purchase's in Western Europe totalled twelve million sterling for textiles. They asked for only six months’ credit, which the French manufacturers were willing to give, but it is understood the -amount thus to be expended would 'be very small. For machinery they want credit for two to five years, Which the firms- approached declare to be quite impossible-. . There is talk of forming a .special bank for the facilitation of these transactions, but the existing banks would be ho -parity to such -a scheme, which is unlikely to materialise. —Times.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HAWST19250905.2.32
Bibliographic details
Hawera Star, Volume XLV, 5 September 1925, Page 5
Word Count
160LORDLY SCALE Hawera Star, Volume XLV, 5 September 1925, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Hawera Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in