AUSTRALIAN NEEDS.
THE LOAN IN NEW YORK.
(Australian and N.Z. Cable Assn.) ,' LONDON, July 12.
The Daily Telegraph's weekly financial review eays: "The fact that the Commonwealth obtained a loan in the United Satles should reassure those who were nervous concerning the autumnal demands for our gold, in view of the indignation from which we arc suffering, as evidenced by the discounting of the last two colonial issues, We see no ground for adverse criticism of Australia's new departure. On the contrary, we ought to be grateful to America for supplying Australian needs, providing stringent measures are. taken to prevent Amercan inlanders dumping their bonds here as soon as the loan is floated."
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Bibliographic details
Waikato Times, Volume 99, Issue 16545, 14 July 1925, Page 5
Word Count
113AUSTRALIAN NEEDS. Waikato Times, Volume 99, Issue 16545, 14 July 1925, Page 5
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