U.S. FINANCE POLICY
Australian Treasiirer Impressed WASHINGTON, July 2, Mr. R. G, Casey, Australian Federal Treasurer, told the Australian AssoCiated Fress that he was particularly interested in the operations of the stabilisation account in open market operations and other developments in the machinery for implementing the monetary poliey, which had made great strides foryard aince the depression, The United States was perhaps ahead in these matters. For exampie, interest rates as well as external exehange rates and other financial operations are subject to control by Government instrumentalities. Eeferring to gold, Mr. Casey said: "Ii think there is nothing like as much pre-' occupation with gold question in New York as there was in London when I lefti there. The new funds placed at the disposal of the British fund must - have calmed the business world." His general impression of the conditions in the TJnited States is that the country is set for a period of eontinued trade expansion provided she is able to steer clear of important labour troubles.
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Hawke's Bay Herald-Tribune, Issue 143, 5 July 1937, Page 10
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169U.S. FINANCE POLICY Hawke's Bay Herald-Tribune, Issue 143, 5 July 1937, Page 10
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