FOR PRESS P. M. No, 1/ 1965
DROUGHT ASSISTANCE
Statement by the A ctting Prime Minister the Rt. 7on. J. IMcEwen
Mr. McEwen, the Acting Prime Minister, today
commented on reports in some newspapers related to Government
discussions yesterday concerning finance for drought-affected
landowners. i4r, i cEwen said that after the Cabinet meeting,
he had handed out a statement on this matter wlhich obviously
had been misinterpreted in some quarters. The Cabinet
had discussed the drought situation including the matter
of finance, in the light of circumstances that the Treasury
had been in close end frequent consultation writh the Reserve
Bank on this subject.
Mr. McEwen said that the Government and the
Treasury were appreciative of the understanding of the
problem by the Reserve Bank and of the attention which it
had been giving to it. There was an understanding of the
problem by the Reserve Bank satisfying to the Government.
CANBERi A
8th July, 1965.
FOR PRESS: P.M.NO. 51/1965 DROUGHT ASSISTANCE STATEMENT BY THE ACTING PRIME MINISTER THE RT. HON. J. MCEWEN
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