FINANCIAL CRISIS.
HUGE CREDIT WANTED. ByTclegrapli Press Association—Copyright. Australian and N.Z. Cable Association. (Received September 19, 12.10 p.m.) mi iifir TiONDOK. September 18. -• the Alornmg Post’s” Paris correspondent reports:—The ->re consternated by the sudden fall in exchange and express the opinion that the only solution is for America to open a fifty years’ credit of £1,000,000,000 Fronf> lll f ;6reS + a Vr~ per cent - leaving hranee free to utilise her credit to buy rn Q V^ y a n ii arkcfc i slle .P ] ? ases - This would make dollars plentiful and would end the present competition between merf T fii h ls% u f in £ the soaring prices of dollars ? nd the .sovereign. Bi? which °l ft T i are due t0 transaction! which had been normal prior to the
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Bibliographic details
Star (Christchurch), Issue 12749, 19 September 1919, Page 8
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130FINANCIAL CRISIS. Star (Christchurch), Issue 12749, 19 September 1919, Page 8
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