A FIJI LOAN.
* FOR IMPERIAL PURPOSES. Announcement was made in Fijijfl Royal Gazette of November 7th, th»» the* Government is bringing in 4 Bill <0 authorise tho raising of a loan of J®* limited amount for war purposes, the money, or most of it, to be remittee Vto England. • It is likely that this method of raiar ing money is licing adopted in otoer Crown colonies. . The rate of interest is 6 per cen* » per annum, and debentures of ' £.%'), £50, £100, and £1000 will 0° offered to the public. , The term of the loan is to be three years for tihe £5 bonus, and up to four for tho belancc, with the n£fl . of repayment at an earlier date. \ The bonds are transferable and no* . stibieet to stamp duty. There will be no income tax, becaus® there never has been any such tax » F 7t is confidently anticipated that f large sum will be realised for Imp eri purposes.
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https://paperspast.natlib.govt.nz/newspapers/CHP19161117.2.21
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Press, Volume LII, Issue 15750, 17 November 1916, Page 4
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159A FIJI LOAN. Press, Volume LII, Issue 15750, 17 November 1916, Page 4
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