Bolstering up Austria's Shaky Finance
BRITAIN DEMANDS INTERNAL
PEOGBESS.
British Official Wireless. Eeeeived Wednesday, 9.50 p.m. EUGBY, Dec. 20
The Commons to-night approved of a resolution authorising the Treasury in pursuance of the Austrian protocol drawn .up at Geneva on July 15 last to guarantee payment of the principal and interest on a loan of such amount as would produce a sum of not more than one. million gold shillings. , Mr. Neville Chamberlain explained that the'protocoL provided on the side of Austria. for internal reforms, including balancing the Budget, and aimed at the abolition of exchange cOntroi and the strengthening of the National Bank. The Austrian Government undertook to meet in future all its foreign obligations. The proceeds of the amount of the loan to be guaranteed by the British Government were to be used to : repay a, temporary advance made by the. Bank of England last year. . ■ "'
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Horowhenua Chronicle, 22 December 1932, Page 7
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148Bolstering up Austria's Shaky Finance Horowhenua Chronicle, 22 December 1932, Page 7
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