Crisis in Australia

3 mentions.

1931 - 1932

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1931 to 1932

three mentions

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We know that, in the present Crisis in Australia, Mr. Theodore, the Treasurer there, proposed, as a means of getting over the troubles of Australia, an increase of the currency and what amounted to inflation; and for a time it seemed that the Government there were going to follow his advice; but eventually the Labour Government in Australia came round to the view that that was a dishonest policy, and that it could not be carried out.

Brigadier-General Sir HENRY CROFT: Is it not the fact that before the recent financial Crisis in Australia over 20 per cent.

Mr. MALLALIEU: Is it not a fact that the only redemptions that have taken place are of temporary duties imposed by Mr. Scullin during the financial Crisis in Australia?

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