FINANCING THE WAR
BRITISH CHANCELLOR DEMANDS VOTE OF £550,000,000. , London, March 6. It is understood that Mr. Bonar Law to-day will demand a vote of credit for £550.000,000, making the total for the war period £6,890,000,000— Aus.-N.Z. Cable Assn. [This vote brings the total credit votes for 1917-18 (six votes in all) to £3,000,000,000. The totale since the outbreak of war are: 1914-15 (three votes), £362,000,000; 1915-16 (six votes), £1,420,000,000; 1916-17 (seven votes); £2,010,000,000. The grand total shows £6,890,000,000.], . GERMAN WAR LOAN. Amsterdam, March 6. ' The German war loan opens on the 18th and closes a month later. It consists of 5 per cent, bonds, and 4} per cent. Treasury certificates. Both \/ill be issued at 98. _ Scrip in earlier war loans is convertible to tho new loan—Aus.-N.Z; Cable Am. '
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Dominion, Volume 11, Issue 145, 8 March 1918, Page 4
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130FINANCING THE WAR Dominion, Volume 11, Issue 145, 8 March 1918, Page 4
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