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LONDON LOAN TRANSACTIONS

CONFIDENTIAL INFORMATICS. ASKED FOR BY 818 STEWART. (Special to Post.) WELLINGTON, This Day. Speaking in the A.ddress-in-Reply debate in the House of Representatives last night the Minister of. Defence, Hon. T. M. Wilford, said that the former Minister of Finance, Hon. W. Downie Set.vart, had asked the Prime Minister to -Jace en the tal;la the cabie s referring t) the Lomiou loan transactions, but !.£ must have known this rouu! nor. he done. Mr Wilford read o letter from the Secretary of the Treasuv In effect that all the correspondence and all the negotiations leading up to borrowing in London were under a confidential seal, and these conditions must be held inviolate. Mr Stewart therefore had asked for what he knew he could not get. Mr Wilford insisted that the late Minister of Finance had embarrassed the present Ministry in its loan transactions. Mr Downie Stewart, in explanation, said he haci not known and did not know now of any reason why a Government should not lay on the tahle the cables relating to negotiations that Lad been completed six months »?o.

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https://paperspast.natlib.govt.nz/newspapers/STEP19290726.2.41

Bibliographic details

Stratford Evening Post, Issue 70, 26 July 1929, Page 5

Word Count
184

LONDON LOAN TRANSACTIONS Stratford Evening Post, Issue 70, 26 July 1929, Page 5

LONDON LOAN TRANSACTIONS Stratford Evening Post, Issue 70, 26 July 1929, Page 5