THE FIVE MILLION LOAN.
, Sir,—ln your various leaders . and notes on the five million loan, of which only four millions were,disposed of last session, tlio fifth million being held over for election purposes; : ho mention has been made, as.to what .is: being dono with this fifth million, at least, so far as I recollect; ,Is a. million of moriby, costing the.Dominion £4 .3s.'-63.'per. cent, interest, lying idle until such timo' as it;'pleases tlio present Administration to pay it out wherever thoy think it will, catch the most.Votes? or is it at least being used to earn;the interest which tlio Dominion has to pay;for it? if. that is possible. Hoping you can throw soine light'on tho question,—l am, etc.,
INQUIRER.
[Wo cannot throw very much light on our correspondent's point. No doubt tlio money will, bo spent with a keen eye. on tho elections) but wo can hardly boliove that it will bo lying idle for so long.]
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Dominion, Volume 4, Issue 1049, 11 February 1911, Page 10
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157THE FIVE MILLION LOAN. Dominion, Volume 4, Issue 1049, 11 February 1911, Page 10
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