Will Mr. Nash Get That Dollar Loan?
NEW YORK, Angust 18. Financial authorities in "Washington, , commentinn on tho roport from Wellington that Now Zonlnnd was inquiT- j ;n£r .alton t tho possibilitios of dollar lonia from Canada and the TJnitpdj Statop, said Now Zoaland onnld applv to the Export-Tmport Bank of go on thp npon niarkot for a dollar loan. New Zoaland is not a member of the WoTld Bank. Export-Tmport Bank officiala said todar that no apnroach had beon made hv New Zealand for a loan. They deelined to comment on the prospects if an apnlieation were made. Tn Ottnwa an informed sonrce said that as far as he was aware New Zealand had made no formal request for a dollar loan from Canada. hut if such a renueat were received Canada would eive it cousideration. ITe said whether New Zealand would get sueh a loan would depend on how dosnorately she needed it, and on Canada 's own dollar standing at the time. When the altove eable was referred to the Minister of Finance (Mr Nashl , last night, he said he had nothing to add to what he said in the Budget. ( There he stated that the Government had instituted inquiriea as to the availability on reasonable terms and conditions of loans from Canada and the United States. — Press Assoeiation.
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Chronicle (Levin), 20 August 1949, Page 5
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222Will Mr. Nash Get That Dollar Loan? Chronicle (Levin), 20 August 1949, Page 5
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