[?]NK INTEREST
-Press Assn.)
irnment authority i to reduce i rates | ENGLAND'S RIGHTS
Kepraph—
I LONDON, Thursday. louse i ;f Lords, Lord Mariri innuired whether the It was taking steps to selction of the bank rate in P of industry. By reason I bank rate which was inh going off the gold stanIposits of the great banks led by £140,000,000 since Ige proportion being kept |d of heing used in indus[lehett said the high bank |ot chocked industry as Is sut'posed, but had had I effect on speculators. l! (I.ord Privy Seal) in Pat tliere was no Governlity over the bank rate, ientiroly a matter within lEnghind's authority. The Ko 6 pev cent was most val- | world as indicating the I determination to have [do vith inflation.
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https://paperspast.natlib.govt.nz/newspapers/RMPOST19310926.2.12
Bibliographic details
Rotorua Morning Post, Volume 1, Issue 29, 26 September 1931, Page 3
Word Count
127[?]NK INTEREST Rotorua Morning Post, Volume 1, Issue 29, 26 September 1931, Page 3
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