AGGREGATE INDEBTEDNESS.
WILL AMOUNT TO £20,000,000.
(Received 12.20 p.m.) Adelaide, this day
The State Premier, Mr. Hill, told a deputation that it was probable that the accumulated deficit of the various Governments would amount to £20,000,000 on 30th June next, and £11,000,000 would represent the indebtedness of the Federal Government.
Mr. Hill said that financial position was becoming more embarrassing every day, although a large section of the public failed to realise it.
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Bibliographic details
King Country Chronicle, Volume XXV, Issue 3262, 3 February 1931, Page 5
Word Count
73AGGREGATE INDEBTEDNESS. King Country Chronicle, Volume XXV, Issue 3262, 3 February 1931, Page 5
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