Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Full Day's HansardDownload Full Day's Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Wednesday, 21 October 1931

Mr CROUCH asked the Treasurer, upon notice -

1.   Whether any arrangement with or promise to the overseas traders who lent money in the last Commonwealth loan was made other than that made in the prospectus to Australian lenders?

2.   Was the bulk of the overseas traders' money lent for their own convenience at a high rate of interest for a short period to save an unusually high rate of exchange?

3.   What is the reason that these overseas lenders are placed in a privileged position over Australian lenders in regard to repayment dates ?

Suggest corrections