PETROL IN AUSTRALIA.
POSSIBLE 50 PER CENT CUT. CANBERRA, April 22. Opening a conference of petrol and motoring interests to consider the best method of restricting petrol _ consumption as a moans of conserving dollar exchange, the Prime Minister (Mr R. C Menzies) suggested that Australia might have to cut its petrol purchases at least 50 per cent. . He pointed out that on the basis of the present transaction with nonsterlin" countries Australia’s adverse balance of £23.000,000 in the present fiscal year would be increased to over £27,000,000 in 1940-41.
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Manawatu Standard, Volume LX, Issue 124, 24 April 1940, Page 10
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89PETROL IN AUSTRALIA. Manawatu Standard, Volume LX, Issue 124, 24 April 1940, Page 10
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