INTERNATIONAL LOAN
A FAR REACHING SCHEME.
,United Press Association—By Electric Telegraph—Copyright.)
(Received this day at 10.15 a.m.) LONDON, August 28.
“Reynolds’ News” understands that Mr Chamberlain is unlikely in the near future to raise a ban on new issuesrin London. .Mr Montagu Norman is now in New York conferring, with Mr Harrison, head ol the Federal Reserve Bnak. They are preparing a far-reach-ing scheme for the flotation of the world’s money markets of an international loan of £1,900,000,000 in order to wipe out outstanding international war debts. A reparations payments scheme will probably be launched after the world economic conference.
The “Sunday Times,” on the contrary says, that the Cabinet, oh Saturday, decided on an, early partial removal of restrictions on new issues.
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Hokitika Guardian, 29 August 1932, Page 6
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123INTERNATIONAL LOAN Hokitika Guardian, 29 August 1932, Page 6
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