AUSTRALIAN LOAN.
MONEY FROM UNITED STATES. LONDON July 12. The Daily Telegraph’s weekly financial review says: “The fact that- the Commonwealth has obtained a loan in the United States should reassure those who were nervous concerning autumnal demands for our gold, in view of the indigestion from which wo are suffering, evinced by the discounting of the last two Colonial issues. We see no ground for adverse criticism of Australia’s new departure. On the contrary, we ought to be grateful to America for supplying Australia’s needs, providing stringent measures are taken to prevent America dumping bonds here as soon as the loan is floated.”—A. and N.Z. cable.
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Bibliographic details
Manawatu Standard, Volume XLV, Issue 188, 14 July 1925, Page 7
Word Count
107AUSTRALIAN LOAN. Manawatu Standard, Volume XLV, Issue 188, 14 July 1925, Page 7
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