THE DOLLAR LOAN
MEETING WITH GOOD RECEPTION Received Julv 21. 11.45 p.m. LONDON, July 21. The Financial Times says: It is understood the Australian loan is meeting with a good reception. We will not. bo surprised if the list closes before the time limit —Wednesday. QUESTION IN THE COMMONS. Received Julv 21. 10.30 p.m. LONDON. July 21. Speaking in the House of Commons, Mr Herbert Williams drew attention to the relative effect on the export trade caused by the discouragement being shown towards the raising of overseas loans in London. Sir W. Guinness pointed out that it was opposed to the interests of trade to lend more than our savings permitted and if we continued to over-lend a general increase in money rates would be inevitable. He added that the Treasury would not impose restrictions.
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Bibliographic details
Wanganui Chronicle, Volume LXXXII, Issue 19364, 22 July 1925, Page 5
Word Count
135THE DOLLAR LOAN Wanganui Chronicle, Volume LXXXII, Issue 19364, 22 July 1925, Page 5
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