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OVERSEAS CREDITS.

IMPORTERS’ CONCERN

Per Press Association. AUCKLAND, July 16.

The need for tbe Minister of Finance to arrange overseas credits for private importations is emphasised in a telegram sent by the Bureau of Importers to the Prime Minister as follows: “A Press Association message from London states that the Parliamentary Secretary for Overseas Trade in the House of Coitions said: ‘We are discussing with the New Zealand Minister of Finance the granting of credits to New Zealand. They will probably be used partly to enable New Zealand to finance purchases from Britain for defence and partly to purchase the New Zealand Government’s commercial requirements ns distinct from. purchases by .private quarters.’ “What provision is the Government making as regards providing overseas credits to enable private businesses to function, to maintain employees, and to continue their substantial contribution to Government revenue through Customs, sales tax and income tax?”

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19390717.2.85

Bibliographic details

Manawatu Standard, Volume LIX, Issue 193, 17 July 1939, Page 7

Word Count
148

OVERSEAS CREDITS. Manawatu Standard, Volume LIX, Issue 193, 17 July 1939, Page 7

OVERSEAS CREDITS. Manawatu Standard, Volume LIX, Issue 193, 17 July 1939, Page 7