AUSTRALIAN SACRIFICES TO EARN DOLLARS
Received Thuvsday. S.5 ji.m. CAXBriRRA, Dec. 4. Ooods wliich Aust nilia needs htM'seJl' mav have io be seut (o ihe I'nit'-d StiUo.s to pupu dollars so that Anstra lian industries can coiitinue to opernte. accordin- to M r. ('Ifitiny in ihe Mous.' ot Repn»-ontali ves today. Ile addco lliat a stroii" dt'ii.and existod in tho l nilcd States for \arious raw and iJianufai-turc-d ai ticles. Mr. Uhitlev n,\c.il"d »ha1 thongii Britain at >n.* stuge asked \uslra!ii to live withiji ihe rurrent dollar in j cniue, the i Toi, moon ealth was unable to ' give tliis rigid un>! otaking hecanse tio drast ic dt'clino in Im-al ilollar incoiMi: ' wonld have caused an excessive dis , Jocation oi" Ansuaiian inditstrv. The Conitiionwealth (lovenunent l»c- ! lieves t li*it tln* proposed restrictions on j the iiii]iort ation of Auierieuu and t'anadian \irs \\ i 1 1 stimnlato tln* pro- , dnclion ->f Ausiraiiau «-:irs. (^uantity j production at the plant in Sout'h j Anstralia is experted to be aehieved at i ihe eud of m-\t year. Tio* otu put u p»*ak production is expected to be !il»ou) 211,0(10 ea is ycaily.
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Bibliographic details
Chronicle (Levin), 5 December 1947, Page 5
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189AUSTRALIAN SACRIFICES TO EARN DOLLARS Chronicle (Levin), 5 December 1947, Page 5
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