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Australia Investigating Possibility Of Big Dollar Loan

CANBERRA, Jan. 31 (Rec. 6 pm). —The possibilities of a substantial dollar loan to finance the import of urgently needed North Amerinin goods are under review by the Treasurer, Mr. Fadden. Alternative courses are:

(1) The purchase of additional dollars from the International Monetary Fund

(21 Negotiation of trading credits through the American Import Export Bank.

(3) An approach to Washington for a direct Government loan. (4) Borrowing through private sources in the United States. It is believed that Australia will apply to the International Fund before June 30.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19500201.2.47

Bibliographic details

Wanganui Chronicle, 1 February 1950, Page 5

Word Count
96

Australia Investigating Possibility Of Big Dollar Loan Wanganui Chronicle, 1 February 1950, Page 5

Australia Investigating Possibility Of Big Dollar Loan Wanganui Chronicle, 1 February 1950, Page 5