FEDERAL FINANCE
SPECTACULAR PROPOSAL. PREAIIER HAS NO INFORAIATION. United Press Assn. —Elec. Tel.—Copyright. SYDNEY, April 13. “ No offers have been received by the Federal Government, nor has any consideration been given to the matter,” said the Prime Minister, Air J. H. Scullin, when questioned about a cablegram from London to tlje effect that a spectacular proposal has been made by an Anglo-Australian financial group associated with powerful United States interests. This was that a fund of £20,000,000 should be established to rehabilitate overseas finances and bring exchange back to normal. The Prime Minister said Australia would approach the overseas moneymarket as soon as an opportunity presented itself. x
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Bibliographic details
Waikato Times, Volume 107, Issue 17995, 14 April 1930, Page 6
Word Count
108FEDERAL FINANCE Waikato Times, Volume 107, Issue 17995, 14 April 1930, Page 6
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