MR. WILLIS COMMENTS
GOOD THING FOR LAWYERS
OPINION IN THE CITY
(Received 4th February, noon.)
■ LONDON, 3rd February. "It looks a, good thing for ; the lawyers," was Mr. Willis's only comment on -the Commonwealth's writ. Meanwhile, the Chase National Bank, on behalf of the United States bondholders, in response, to Mr. Willis's moratorium overtures, replies that the difficulty of finding a representative "body on behalf of the bondholders is the same in America as in Britain. '
\Mr. Lyons's statement that the Commonwealth will ultimately be respon-sible-for the New South Wales debts has had a soothing effect on the city. Prices of Australian stocks rose slightly. Some States recovered £1 to '£.&- - \;: : " ;■"■ •..--:.- ■"■
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Bibliographic details
Evening Post, Volume CXIII, Issue 29, 4 February 1932, Page 11
Word Count
110MR. WILLIS COMMENTS Evening Post, Volume CXIII, Issue 29, 4 February 1932, Page 11
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