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BELGIAN PROHIBITION

SIMILAR PROVISION IN NEAV ZEALAND. i “The Belgian prohibition of traffic in foreign bills is really, I take it, to, prevent ihonpy going out of the country- in 1 the way -of investment,”. said Air Harold Beauchamp to a “New- Zeon land Times” reporter. - ; “.The ’ Belgian Government is anxious to keep all the money possible in BeV glum for investment in reconstruction work. AYe had a similar provision dur-' :ing the war, to prevent any person] tending out of New Zealand more tham £IOOO for: any .purpose whatever other than trade—-that is to say, -other than for tho purchase of goods. -The Government,, of .course, wishes to keep all the money in Belgium for the. development of Belgium, and to , prevent its being permanently■ invested in any outside country. The embargo will not, .however, effect ordinary trading obligations which are of a liquid character.” ' ■ '

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM19200207.2.29

Bibliographic details

New Zealand Times, Volume XLVI, Issue 10507, 7 February 1920, Page 6

Word Count
146

BELGIAN PROHIBITION New Zealand Times, Volume XLVI, Issue 10507, 7 February 1920, Page 6

BELGIAN PROHIBITION New Zealand Times, Volume XLVI, Issue 10507, 7 February 1920, Page 6