NEW ZEALAND FINANCE
ANOTHER LOCAL LOAN NOT NEEDED. By Telozrapli.—Press Association. Dunetlin, December 3. Sir Joseph Ward, interviewed to-day, disoussing the question of. borrowing, said bo was of opinion that it would be unnecessary for some time to go on tlio market. It was very improbable that the Government would again need to enter the local market. .The loan money in hand would enable them to carry on till 1917, when the war would probably be over. Regarding further taxation, it was impossible to say what would bo required in the future. If the war ended within a year from now, it was probable nothing further in the form of increased taxation would be required. Ho qualified that by emphasising the impossibility of forecasting the actual position in the future. He was hopeful the war would be over, but was satisfied if it should prove otherwise that all sections of the community j recognising the enormons value of the issue, would ~gladly meet requirements. '
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Dominion, Volume 9, Issue 2635, 4 December 1915, Page 5
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164NEW ZEALAND FINANCE Dominion, Volume 9, Issue 2635, 4 December 1915, Page 5
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