FEDERAL LOANS
Huge Programme For Next Year United Press Association —By Electric Telegraph—Copyright (Received June 22, 6.30 p.m.) CANBERRA. June 22. The Loan Council has tentatively agreed to a loan programme of £41,000,000 for the next financial year. This is a larger amount than for any year since the depression. It is likely that proposals will be made for the expansion of credit to offset the loss of national income caused by the low prices of export commodities.
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Bibliographic details
Timaru Herald, Volume CXLVI, Issue 21379, 23 June 1939, Page 9
Word Count
78FEDERAL LOANS Timaru Herald, Volume CXLVI, Issue 21379, 23 June 1939, Page 9
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