Mr Lang’s Original Offer Still Stands
PAYMENT or BONDHOLDERS’ OVERDUE INTEREST. Received Thursday, 1.45 a.m. SYDNEY, Peb. 17. The Premier (Mr. J. T. Lang) has informed the Prime Minister that he still adheres to his original offer to provide £458,787 towards bondholders’ overdue interest of £958,763. He emphasises that the default has been occasioned by the determination of the Commonwealth Government to withhold further financial accommodation from the New South Wales Government and thus itself had defaulted, notwithstanding that it had granted financial aid to Western Australia and Tasmania.
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Horowhenua Chronicle, 18 February 1932, Page 7
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89Mr Lang’s Original Offer Still Stands Horowhenua Chronicle, 18 February 1932, Page 7
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