INTERNATIONAL BANK
LONDON’S CLAIM FOR LOCATION [United Press Association—By Cable— Copyright.] [Australian Press Assn.—United Service.! New York, Aug. 21. ri The London money market wants the proposed international bank to be located in London owing to doubts whether the bank, if located in any other major money market, would be allowed to operate without constant political pressure,” Professor T. E. Gregory, the London banking and economic expert, told the Institute of Politics at Williamstown (Massachusetts) to-day. “Pre-war experience shows that in Paris the issue of international loans is frequently made subordinate to French foreign policy. London does not want the working of the new’ bank to be exposed to similar dangers,” he declared. The proposed intematio i;;J bank would be concerned primarily with reparations and with moro general banking problems.
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Bibliographic details
Hawke's Bay Tribune, Volume XIX, Issue 210, 23 August 1929, Page 8
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130INTERNATIONAL BANK Hawke's Bay Tribune, Volume XIX, Issue 210, 23 August 1929, Page 8
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