LANG REFUSED
Assn.-
UNSUCCESSFUL APPEAL TO LOAN CbUNCIL FOR HALF MILLION iVOURED TREATMENT CEASES
— By Telegraph — O •pynght).
i Rec. Jan. 30, 11.34 a.m. " MELBOURNE, Friday. ?he Federal Loan Council has confered Mr. J. T. Larfg's application l £500,000, which it refused. ?he Prime Minister, Mr. J. A. Lyons |d Mr. Lang that it was a matter ' the Gommonweaith Government je Federal Government is holding a Mai meeting on the subject. Speaking at a complimentary lunch- ? given hy the Victorian Chamber jComnierce, the Prime Minister disped the financial crisis. He said ^titwas imperative that every GovMient should balance its Budget. ■ emphasised the gravity of" New pth Wale's'* position, which was reNble for £9,000,000 of the 'total Mmment deficit of £18,000,000." The had arrived when favoured treatpft 'ior New ' South " Wales mfist ase.
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Bibliographic details
Rotorua Morning Post, Volume 1, Issue 135, 30 January 1932, Page 5
Word Count
132LANG REFUSED Rotorua Morning Post, Volume 1, Issue 135, 30 January 1932, Page 5
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