AUSTRALIAN FINANCE.
QUICKSANDS OF DEFAULTS. Received February 1, 10.45 a.m. SYDNEY, Feb. 1. . The Herald, in a leader, says that tho Commonwealth Government has done what Mr J. T. Lang never believed it would have the courage to do; it has prevented him from dragging the rest of Australia into the quicksands of the defaults in which he has so recklessly dragged New South Wales. STOCK EXCHANGE NOT AFFECTED. ; The political situation arising out of the State’s financial crisis has not affected the Stock Exchange thus ftyr. Sales were recorded at the morning call at_the prices ruling on Saturday. Earlier messages appear on page 7.
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Manawatu Standard, Volume LII, Issue 52, 1 February 1932, Page 8
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105AUSTRALIAN FINANCE. Manawatu Standard, Volume LII, Issue 52, 1 February 1932, Page 8
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