Will Australia's Exchange
Be Altered? STRAIGHT TALK BY BANK CHAIRMAN. United Press Association. —By Electric Telegraph.—Copyright. Received Thursday, 2 a.m. MELBOURNE, April 20. A statement implying that there would be no alteration in the exchange position was made at the close of the Commonwealth Bank Board meeting by the chairman, Sir Robert Gibson, to-night. “There being a good deal of speculation on this subject,” he said, “and utterances having been made in certain quarters about the proper function of the exchange in relation to the economic life of Australia, I wish to say that the board will not be swayed by sectional interests, but will continue while in control of the exchange position to perform its task in the interests of the Commonwealth generally irrespective of criticism. ’ ’
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Manawatu Times, Volume LV, Issue 6839, 21 April 1932, Page 6
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127Will Australia's Exchange Manawatu Times, Volume LV, Issue 6839, 21 April 1932, Page 6
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