AUSTRALIAN LOAN
ißy Electric ,ri elegraph.—Copyright/ (Australian & N.Z. Cable Association.)
LONDON, July 12. The. Daily Telegraph’s weekly financial review says:—The tact that tlte Commonwealth obtained a loan in the, United States should re-assure, those who were nervous eonecinir.g Autumnal demands for cur gold. In view of the indigestion from which, we are suffering, evidenced 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 he grateful to Amer'ca for supplying Australian needs, pr A iding stringent measures are taken to prevent. American financiers, dumping bonds.hero ns soon as the loan is floated.
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Bibliographic details
Nelson Evening Mail, Volume LVI, 13 July 1925, Page 2
Word Count
108AUSTRALIAN LOAN Nelson Evening Mail, Volume LVI, 13 July 1925, Page 2
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