ADVERSE TRADE BALANCE.
LONDON, May 12. “ March figures show that the imports have been reduced in a year by £9,500,000, and April will show less adverse trade balance than in any month since 1918,” said the Chancellor of the Exchequer, Mr Chamberlain, responding to the toast of the Government at the bankers’ annual dinner. The tendency existing of great accumulations of liquid capital to cont centrate on sterling exchange disturbed i traders in Britain, and equally in ; India, Australia and other countries, t with currencies linked to Britain’s, he added.
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Star (Christchurch), Volume XLIV, Issue 458, 20 May 1932, Page 1
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90ADVERSE TRADE BALANCE. Star (Christchurch), Volume XLIV, Issue 458, 20 May 1932, Page 1
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