CASH FOR GOVERNMENTS
COMMONWEALTH AND STATE
UNDER PREMIERS' PLAN
United Press Association—By Electric Tele-
craph—Copyright. (Received 6th February, 10 a.m.) MELBOURNE, This Day.
Correspondence between the Prime Minister, Mr. J. A. Lyons, and the Chairman of the Commonwealth Bank Board, Sir Robert Gibson, shows that the total cash requirements of the Commonwealth and States for the current financial year will be £26,872,000, of which New South Wales requires £10,113,000 and the Commonwealth £6,360,000. These advances are being made by the bank in accordance with the Premiers' Plan.
The Loan Council has adjourned indefinitely.
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Bibliographic details
Evening Post, Volume CXIII, Issue 31, 6 February 1932, Page 11
Word Count
93CASH FOR GOVERNMENTS Evening Post, Volume CXIII, Issue 31, 6 February 1932, Page 11
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