FEDERAL FINANCE
FEDERAL CONVERSION .LOAN. (Australian Press Association.) CANBERRA, June 26. In the Federal House of Representatives, the Debt , .Conversion 1 Agreement Bill, was read the -second time by 41 votes to 15, after an all-night debate. Thirteen of' the Government members and two of they Beasley fact on comprised the minority of the division •which means the whole of the. Premiers’ (Conference Plan has been endorsed as ths bills to follow merely ..make the plan operative. ” RELIEF FOR AUSTRALIA. •LONDON, June 26. “The Morning Post” points out that the British War debts concession "to the Dominions, together with the previous sinking fund remission, should mean a saving of Australia's expenditure and remittance abroad of four and a half millions, which, together with the contemplated economies and the saving of interest on • the internal debt should materially aid the budget position, as vve'l also as Australian credit .
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Hokitika Guardian, 27 June 1931, Page 5
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147FEDERAL FINANCE Hokitika Guardian, 27 June 1931, Page 5
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