"MORAL COWARDIC"
_ INFLATION PROPOSALS 1 ATTACKED SUGGESTED LOAN OF 3 £15,000,000 • , i \ T-' TO BE SOUGHTT FROM FRANCE *; Press Association.—Copyright. CANBERRA, This Day.
During a debate on the Fiduciary Bill, Dr. Earle Page declared the inflation proposal was moral cowardice.
Two things must happen*: Firstly, the Government must, be replaced by one which will restore confidence, enabling assistance to be obtained to handle the deficits; and secondly,they could secure a gold loan of £15,000,000 from France at 4 per cent., repayable in 40 years. (Reed. 12.35 p.m.)
LONDON, ""arch 20.
Dr. Earl Page's suggestion of a French loan possibility has aroused attention in financial circles. Some say it was first mooted six months ago, but not viewed seriously. Though Mr. Collins declines to comment, it is remarked that he visited Paris in January. ■
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Stratford Evening Post, Volume I, Issue 87, 21 March 1931, Page 5
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133"MORAL COWARDIC" Stratford Evening Post, Volume I, Issue 87, 21 March 1931, Page 5
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