HANDICAPPED.
BRITISH BORROWERS.
THREAT TO LONDON.
LONDON, April; 8..; Revealing the fact that tho Cunard Steamship Co. recently borrowed £1,500,000 in Ne>v York at 5 per eipnE) which “proved a satisfactory alternative source <jf finance, U Sir Thomas Roy den, .chairman,. of the company, has drawn the attention of the,Chancellor of the Exchequer, Mr. Churchill, , to influences threatening London' 'as tho world’s cheapest money .market. The present regulations, he pointed out, tended to make, trade in money a protected industry, to tho grave disv advantage of British. borrowers. ,
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Bibliographic details
Poverty Bay Herald, Volume LII, Issue 17009, 16 April 1926, Page 7
Word Count
88HANDICAPPED. Poverty Bay Herald, Volume LII, Issue 17009, 16 April 1926, Page 7
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