Fluid Money Not Good For Loans
CHINA'S SILVER DRAIN
LONDON, March 5.
The Sun-Herald learns that the British havo dispatched a Note to China, Japan, France, and America, intimating that an international loan to China is impracticable. The British pessimistically view China’s position owing to severe deflation duo to the rise of silver, and see no prospect of foreign assistance (collective or individual) if silver continues to rise, as loans in such conditions resemble pouring water down a drain.
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Bibliographic details
Manawatu Times, Volume 60, Issue 56, 8 March 1935, Page 5
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79Fluid Money Not Good For Loans Manawatu Times, Volume 60, Issue 56, 8 March 1935, Page 5
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