AMERICAN DEFICIT
(Press Assn.—
BANKERS URGE INCREASED TAXES TO MEET POSITION "TO SERIOUS FOR BORROWING^
-By Telegraph— O .pyrlght) .
WASHINGTON, Wednesday. A message from Sulphur Springs, West Virginia, states that the Investment Bankers Associatiori of America estimating that the Treasury deficit would reach £400,000,000 by June 30 next, urged increased taxes. It was asserted that the situation was too serious to justify continued borrowing.
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Bibliographic details
Rotorua Morning Post, Volume 1, Issue 70, 13 November 1931, Page 5
Word Count
64AMERICAN DEFICIT Rotorua Morning Post, Volume 1, Issue 70, 13 November 1931, Page 5
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