IMMEDIATE ACTION
MR. WILLIS SEES BANKS
HINT TO MR. LYONS
(Eeceived 3rd February, 11 a.m.)
LONDON, 2nd February. Immediately he received Mr. Lang's cablegram, the New South Wales Agent-General, Mr. Willis, approached the Westminster Bank and the Chase National Bank, fiscal agents respectively on behalf of British and American bondholders, with tho request for a year's suspension of interest here and in America. '■' ... .
Mr. Willis told the Australian .Press Association that the request obviously implied a. satisfactory settlement at the end of a year's moratorium, but negotiations were now only, in the preliminary stage. . Mr. Willis says he has information inclining him strongly to the belief that Mr. Lyons would be well advised even at this late hour to take a wider Australian outlook to find a way out•of the difficulties.
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Bibliographic details
Evening Post, Volume CXIII, Issue 28, 3 February 1932, Page 7
Word Count
131IMMEDIATE ACTION Evening Post, Volume CXIII, Issue 28, 3 February 1932, Page 7
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