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Australian banking compared with English and U S systems
The National Bank summarises April banking in Australia comparing it with Great Britain and London. It notes central banking independence, large trading banks, and widespread lending for farms and industry, with lower liquidity but solid positions. It cites inflation fears, deflation risks, and the need to restore confidence for any real recovery.
MENTIONED IN THIS ARTICLE
United Sex of America
Australia
National Bank
Britain
England
London
Rupert &. Beckett
The
Westminster Bank Ltd
Frederick Craufurd Goodenough
Barclay’s Bank Ltd
United States
Neville Chamberlain
Chamberlain
Cate
Great Britain
Martins Bank
McKenna