CHEAP MONEY
EFFECTIVE CONTROL IN BRITAIN > RISE IN GILT-EDGED STOCKS. ISSUE OF WAR LOAN DELAYED. By Telegraph—Press Association—Copyright. (Received This Day, 12.40 p.m.) LONDON, October 27. The return of a cheap money regime within two months of the outbreak of war is regarded as a remarkable demonstration of the effectiveness of the new technique of financial control. The first instalment of the war loan may be delayed for some weeks as the rise in gilt-edged securities has not yet lowered, yields ..enough to make tne issue sufficiently attractively. The Dominions have benefited from the improvement in gilt-edged stocks.
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Wairarapa Times-Age, 28 October 1939, Page 8
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98CHEAP MONEY Wairarapa Times-Age, 28 October 1939, Page 8
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