RELEASE OF CREDITS
AUSTRALIAN SUGGESTION * A* CONFERENCE POSTPONED. [By Telegraph—Press Aseociation-r-Copyright.] Received Dec. 2, 11.30 p.m. MELBOURNE, Dec. 2. The conference between the Federal Cabinet and the Board of Directors of the Commonwealth Bank on the release of credits which was advocated by the Australian Council of Trades Unions, has been postponed indefinitely to enable the Bank Board to thoroughly investigate the many problems raised by the Federal Ministers yesterday. The Board feels, owing to tho delicate and intricate nature of the Labour scheme that it could not hurriedly make a pronouncement. Most Federal Ministers, like the Bank Board, appreciate the danger uf tampering with the currency, the view being held that it is likely to harrass the process of national reconstruction.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WC19301203.2.97
Bibliographic details
Wanganui Chronicle, Volume 73, Issue 439, 3 December 1930, Page 8
Word Count
122RELEASE OF CREDITS Wanganui Chronicle, Volume 73, Issue 439, 3 December 1930, Page 8
Using This Item
NZME is the copyright owner for the Wanganui Chronicle. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.