The Archive · 1924

Business Prospects

Generally speaking Australia is most prosperous. Her trouble has been that she has been, milked by the banks to such an extent that the accumulated millions in London cannot be brought out here, except at-a heavy discount, even sufficient to hang up £6,000,000 of Bawra money, preventing the small woolgrowers getting their money when they wanted it, and so compelling them to sell to their wealthier advisers. But that is another story. The facts as disclosed in the Treasury memorandum at the Imperial Economic Conference show Uhee the tama made money out thaneed' by Germans; and absorbed [exchanges when where thee Seas the sentatlnat "ofers inthe fel nation tan waring for Rostralsn proc That charge was is ex county and hot for of, dispocod of bat only foran moment Empire exehanes could bale beet The nent snnged wonterenee of the made "tive Austeaian Gove Permanent "Mandates" Common ernment has now befor Parliament Bout fossa the sitao open banking Bil which emphosia the "mandatory "authorities the fact that" tne Conmoniteaih ten renewed Bin expec to ben atonal inthe Australian Fendi tonvining spect fern paolament are buaiy teking, t0|Comnonvealit Hensare, fut it amen are busy ocking. to bars

ae 'They. renting pose carried oni for a tine' ers vian atmosphere of suspicion, entirely i will be joy in the ranks of the ex-the interests of their attacks upon porters, a loosening of the purse-the political party to which they li strings in Australia, and w general are opposed in the Commonwealth lightening of what' seems atthe parliament. And every. man who, moment an inexplicably tight busi-lauds "each century but this and ness position, The wheat crop has weet country but his own cee thee Garman agente ce] its high values, meat is. being: ex-backs [exceeded expectations, wool retains Ported, and fruits, are being' Vitson could M204" harvested," while in" the the two leaders are somewhat

Text read from the printed page and cleaned; old type leaves the occasional error.

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