CONVERSION OF LOAN.
; Mr Scuilin’s Appeal to Bondholders. OPPORTUNITY FOR FAITH. United I'rcsa Assn.—By Electric Telegraph—Copyright. (Received August 12, 11 a.m.) MELBOURNE, August 12. The Prime Minister, Mr Scullin, in a broadcast appeal to bondholders to [ convert their holdings to the new issue, i said: “This is Australia’s hour. The | time and opportunity have arrived for i the people of the Commonwealth to i show their faith in their country by I responding to a nation-wide appeal by i the Governments for the conversion Oi I Australia’s hug? internal indebtedness ! into stock carrying lower rates of in- ; terest. Already £l/53,000,000 of the | £556.000,000 owing to investors have | been converted.”
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Bibliographic details
Star (Christchurch), Volume XLIV, Issue 190, 12 August 1931, Page 9
Word Count
109CONVERSION OF LOAN. Star (Christchurch), Volume XLIV, Issue 190, 12 August 1931, Page 9
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