AUSTRIA’S NEEDS
SEEKING CREDIT FROM THE ALLIES. Australian and N.Z. Gable Association. VIENNA, May 8. It. is understood that, at the request of the League of Nations’ Finance Committee, the Government proposes to seek credit from the Entente for five hundred million francs, secured mainly on 6 per ’cent, mortgage on all private landed property. The Government will also provide for the uncovered deficit of seventeen thousand million kronen by internal loans. It is estimated that it will require two and a half years to reconstruct Austrian finances.
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New Zealand Times, Volume XLVII, Issue 10896, 10 May 1921, Page 6
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88AUSTRIA’S NEEDS New Zealand Times, Volume XLVII, Issue 10896, 10 May 1921, Page 6
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