CHEAP CREDIT
FRANCE’S POLICY
FOLLOWING BRITAIN t
PARIS, Jan. 5,
INI. Germain Martin, Finance Minister, admitted in an interview that the policy of cheap credit was inaugurated by M. Flandiu, who was himself inspired bv the British example. He said : “Our conception was already tested in practice in England, where London’s vast financial market may be regarded as a model. Our financial policy, aided by an improvement in international rein tionships, should allow the country to escape from a period of stagnation, which would otherwise lead inevitably to monetary troubles."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH19350107.2.75
Bibliographic details
Poverty Bay Herald, Volume LXII, Issue 18597, 7 January 1935, Page 7
Word Count
90CHEAP CREDIT Poverty Bay Herald, Volume LXII, Issue 18597, 7 January 1935, Page 7
Using This Item
The Gisborne Herald Company is the copyright owner for the Poverty Bay Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in