DEBT MORATORIUM.
Advice for Australia from Agent-General.
COULD SECURE SUSPENSION. United Press Assn.—By Electric Telegraph—Copyright. (Received March 31, 11.30 am.) LONDON, March 30. Mr A. C. Willis, New South Wales Agent-General, has cabled Mr Lang as follows: —“I have interviewed a number of representatives of large holdings in New South Wales stocks. They will not negotiate regarding a moratorium owing to the Commonwealth acceptance of all liabilities. I am strongly of the opinion that if the Commonwealth, together with the States, made representations with a view to suspension of interest payments, or a reduction of interest rates, an arrangement advantageous to Australia could be made.”
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https://paperspast.natlib.govt.nz/newspapers/TS19320331.2.4
Bibliographic details
Star (Christchurch), Volume XLIV, Issue 386, 31 March 1932, Page 1
Word Count
105DEBT MORATORIUM. Star (Christchurch), Volume XLIV, Issue 386, 31 March 1932, Page 1
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