DEBT CONVERSION
LESSONS OF AUSTRALIA "*U*T VALUE TO CANADA MANY PROGRESSIVE IDEAS CCnlted Press Assn.—Elec. Tel. Copyright) (Received Feb. 25. 5.15 p.m.) TORONTO, Feb. 24 On his return from Australia the Premier of Ontario, Mr Hepburn, declared that he brought a trunkful of progressive ideas to lay before the Cabinet. He is convinced that debt conversion is the only thing that can save Canada from bankruptcy. Australia's economic policies, as developed by courageous leaders, were a revelation, as a result of which Ontario will undoubtedly submit a petition to Ottawa for a similar policy for Canada. Mr Hepburn was particularly impressed by the Australian demonstration that interest rates must be retuced.
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Waikato Times, Volume 124, Issue 20740, 25 February 1939, Page 8
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111DEBT CONVERSION Waikato Times, Volume 124, Issue 20740, 25 February 1939, Page 8
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