RUSSIAN LOAN.
.CONDEMNED BY BANKING AUTHORITY.
BY CABLE—PRBSB ASSOCIATION—COPYBIGHT
Received Sept. 10, 1.35 p.m. LONDON, Sept. 9. Mr. Grenfell, a director of the Bank of England, in a. letter to the 1912 Club, condemned the Russian loan on the ground that the larger part of the money would be • devoted to Communist; propaganda. He concludes: “We would be great fools to lend money to the Soviet Government. 75
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Hawera Star, Volume XLVIII, 10 September 1924, Page 9
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68RUSSIAN LOAN. Hawera Star, Volume XLVIII, 10 September 1924, Page 9
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