LONDON MONEY MARKET
FOREIGN LOANS PROBLEM.
STRICTER REGULATIONS URGED
Australian and N.Z. Cable Association. (Reed. 7.5 p.m.) LONDON. Nov. 28.
The diplomatic correspondent of the Daily Telegraph alludes to a movement among business men in favour of stricter regulations in respect to foreign loans on the London market. They also advocate closer co-operation between British industries, banks and issuing houses in order that loans and trade credits shall be conditional on the borrowers granting fair conditions to Britain's export trade.
Tho Chancellor of tho Exchequer. Mr. Winston Churchill, is credited with holding strong views on this subject.
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Bibliographic details
New Zealand Herald, Volume LXI, Issue 18879, 29 November 1924, Page 11
Word Count
97LONDON MONEY MARKET New Zealand Herald, Volume LXI, Issue 18879, 29 November 1924, Page 11
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