FEDERAL FINANCE
A PAPER’S COMMENT
[United Press Association.—By Electric Telegraph.—-Copyright.]
LONDON, March 12,
Tlie “Morning Post’s” city editor expresses the opinion that the Australian authorities .are meeting the financial situation in a courageous fashion. He says that, while some of the difficulties of the present situation may not l>e entirely unconnected with the past policy, it is fully recognised that they have been greatly accentuated by the worldwide fall in the price of commodities, and also raising large credits in tlie chief lending centres. Tlie Australian section of the British Manufacturers’ Association has cabled as follows to the Melbourne headquarters: “Most distressed suggested tariff increase. Propose if increase deemed necessary, vßritish goods should be excepted.”
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Hokitika Guardian, 14 March 1930, Page 6
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115FEDERAL FINANCE Hokitika Guardian, 14 March 1930, Page 6
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