CAUGHT IN A BLIZZARD.
NEWFOUNDLAND’S PLIGHT. RUMOURS OF INSOLVENCY. £18,009,000 DUE ON FRIDAY. Onftf* r-o-s Assn.-—Eicrtrlc T«*l. Copyrlgm (Received Dec. 29. 9.30 a.m.) LONDON. Dec. 28. Reports have reached London that there is a possibility of Newfoundland declaring its insolvency \nxictv Is fell as to whether the country can meet £18.000.000 interest on Government, bonds due on January t. Mr j. t|. Tlmmas, (Secretary of State for the Dominions) declares that lie is aware that Newfoundland's position is serious, being another proof of how the economic blizzard, Ts sweeping the world.
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Bibliographic details
Waikato Times, Volume 110, Issue 18521, 29 December 1931, Page 7
Word Count
91CAUGHT IN A BLIZZARD. Waikato Times, Volume 110, Issue 18521, 29 December 1931, Page 7
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