AUSTRALIA’S TASK
MEETS MONEY SHORTAGE WITH COURAGE MORE GOLD FOR LONDON LONDON. Thursday. The city editor of the “Morning Post” expresses the opinion that the Australian authorities are meeting the financial situation in a courageous fashion. The writer says some of the diffi culties of the present situation may not be entirely unconnected with past policy, but it is fully recognised that they have been greatly accentuated by the world-wride fall in prices of commodities, also by the difficulty of raising large credits in the chief lending centres. It is announced from Canberra that £1,000,000 worth of gold was shipped by the Orford to yesterday. This is to assist in balancing accounts.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/SUNAK19300314.2.116
Bibliographic details
Sun (Auckland), Volume III, Issue 921, 14 March 1930, Page 9
Word Count
112AUSTRALIA’S TASK Sun (Auckland), Volume III, Issue 921, 14 March 1930, Page 9
Using This Item
Stuff Ltd is the copyright owner for the Sun (Auckland). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in