Replace Note issue Feared
LONDON, Thu. (1 p.m.)—The Bank of England's return today showed that the fiduciary note issue had been reduced, for the first time since pre-war —from £1.450,000,000 to £1,400,000,000. The Daily Telegraph says active circulation notes have fallen by over £80,000,000 in recent months. Banking circles attribute this largely to the shedding of notes by blackmarketeers and other tax dodgers, fearing that the present note issue might be replaced.
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https://paperspast.natlib.govt.nz/newspapers/NA19480109.2.76
Bibliographic details
Northern Advocate, 9 January 1948, Page 4
Word Count
72Replace Note issue Feared Northern Advocate, 9 January 1948, Page 4
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