MR NASH’S MISSION

Wairarapa Times-Age, 11 July 1939, Page 5

MR NASH’S MISSION

SUCCESS ANTICIPATED BY PREMIER. FINANCIAL NEGOTIATIONS IN LONDON. (By Telegraph—Press .--.ssociation.) WELLINGTON. This Day. “There is every reason to assume that Mr Nash has just about achieved success in his mission." said the Prime Minister. Mr Savage, in reply to an inquiry last evening concerning the progress of the negotiations in London. Mr Savage said that he had been in close touch by cablegram with Mr Nash, who was acquainting him with the nature of his conversations, and although finality had not yet been reached it seemed that it was close at hand.

"There are three aspects of Mr Nash’s mission—the renewal of the £17.000,000 loan falling due next January, the question of an export credit and trade matters generally,” Mr Savage said. "The advice I have received indicates that success will be achieved. So far as I am aware, Mr Nash will be leaving England on Wednesday, but if that time is not sufficient for him to complete the job he will undoubtedly stay longer. I have told him to stay there until his task is finished.”

STILL IN PROGRESS.

DISCUSSIONS IN LONDON

(Independent Cable Service.) (Received This Day, 9.25 a.m.) LONDON, July 10

In the House of Commons Sir Thomas Inskip (Dominions Secretary) questioned regarding the negotiations between Mr W. Nash and the Bank of England and the Government, said: "The discussions are still in progress and I am not yet able to make any statement regarding them."