BANK ECONOMIES
; tJIG CUT IN NEW YORK BUDGET. ■J ’4—’ 1 A NEW YORK, Oct. 18. The banks, which- are keeping the Xew York City administration, have ''Snatched from Tammany councillors j jheir victory over the acting-Mayor (Mr Joseph M’Kee), whose budget, propcsipg economies amounting to 75 million •dollars (normally 15 million pounds)' ■'fiyas rejected. •>j Now the council lias been informed tiy the banks that no more bank accommodation will* be granted without Economies. Mr M’Kee’s budget economies have, therefore, *been accepted ||y the bankrupt council.
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Hokitika Guardian, 29 October 1932, Page 2
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87BANK ECONOMIES Hokitika Guardian, 29 October 1932, Page 2
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