BANKRUPTCY AVERTED
AID FOR AUSTRIAN FINANCE i BANK OF ENGLAND’S ACTION Received Juno, 18, 10.55 p.m. BERLIN. June ’B. I The dra intie decision of the Bank <4’ England 'oprovidc a credit of £4,500,000 has aver' cd the probable declaration of Austrian bankruptcy, says the News-Chronicle corrcspv ndent. Negotiations between the Austrian Government and French bankers broke down o ving to the French political demands. Berlin and. Vienna newspapers wel come the action as showing that Brit ish linance is prepared Io apply its vast resources to the restoration of European finance.
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Bibliographic details
Wanganui Chronicle, Volume 74, Issue 143, 19 June 1931, Page 7
Word Count
92BANKRUPTCY AVERTED Wanganui Chronicle, Volume 74, Issue 143, 19 June 1931, Page 7
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