CREDIT DAMAGED.
BAD EFFECT IN LONDON. FINANCIAL WRITERS' VIEWS. (Received November 7, 8.25 p.m.) LONDON. Nov. 6. Tho City editor of tho Morning Post Bays tho news from Australia about Mr. Lyons and the caucus is bound to have a bad effect on Australia's credit. One of tho defects of extreme Labour politicians, says tho writer, is their imperfect appreciation of what is involved in national credit. Tho News-Chronicle's City editor cays tho decision of the caucus will bo unwelcome in London, where hopes were held that a way would bo cleared by tho proper handling of Australia's internal loans, for the repayment of the loans jnaturing in London in 1932.
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Bibliographic details
New Zealand Herald, Volume LXVII, Issue 20716, 8 November 1930, Page 11
Word Count
111CREDIT DAMAGED. New Zealand Herald, Volume LXVII, Issue 20716, 8 November 1930, Page 11
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