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Creation of National Credit for Public Works Debated
At the South Western Local Authorities Development Association conference in Charleville, Ald McWha and allies urged Commonwealth Bank backed national credit to fund municipal and state works without extra interest. The talk covered bank powers to buy securities, lend to governments, and boost trading banks reserves. The Roma council highlighted unemployment, need for loans for water, parks, and streets, and urged Parliament to provide credit for large 1920s development.
MENTIONED IN THIS ARTICLE
National Credit
Charleville
Commission On Banking
Commonwealth Bank
Amstralia
Commonwealth Bank of Australia
Uniaveey
Anatrallay Dwgererg
Taemana
Sematore Fartey
Collings
Meta
Perea Beatin
Queenland
Queensland
Forgan Smith
Victoria
New South
Roma
Ald
Parlement
Denison
Banik
Australia