FEDERAL FINANCE
STILL IJADLY MUDDLED,
(Australian Press Association.)
(Received this day at 10 a.in.) . I'. MELBOURNE; Sept. 20. / The Board of the Commonwealth Bank expresed the opinion that progres had been made by some States in regard to 'balancing their budgets, hut the Federal position was regarded as entirely unsatisfactory, the uncertainty of the outlook accentuatin'the depression in business circles, and in some influential circles the opin-. io is -held that the indecision of the y Federal Cabinet Committee, which is exploring the situation;, is unwittingly working up all elements;, of a seiious crisis. It is felt that if action te not taken shortly to inaugurate 1 fair means of economy steps of drastic nature may have to be taken to prevent the national financial position drifting further into chaos.
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Hokitika Guardian, 20 September 1930, Page 5
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130FEDERAL FINANCE Hokitika Guardian, 20 September 1930, Page 5
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