AUSTRALIAN EXCHANGE
POLITICAL VARIATION REFUSED.
By Telegraph—Press Assn. —Copyright.
London, April 21.
Mr. J. G. Latham, Commonwealth At-torney-General, has issued a statement to the Press wherein he cites Mr. J. A. Lyons declaration that the Australian exchange would not be varied for political reasons, also Sir Robert Gibson’s announcement on the subject. Mr Latham adds that these statements make it clear that the Commonwealth Government has no intention of interfering in the Commonwealth Bank Boards function of determining the exchange rate in the interests of the community generally. Mr. Latham was given an audience with his Majesty and afterwards had luncheon with their Majesties. .. .......
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Bibliographic details
Taranaki Daily News, 23 April 1932, Page 5
Word Count
104AUSTRALIAN EXCHANGE Taranaki Daily News, 23 April 1932, Page 5
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