FINANCING THE WAR
TAXES ON AMERICAN MILLIONAIRES
New York, March 13. . The income taxes and tho excess profits taxes on American multi-mil-lionaires amount to moro than half their incomes. Twenty-nine of tho wealthiest Americans are estimated to pay taxes amounting to 86,000,000 dollars, including Mr. Rockefeller, whose income is 60,000,000 dollars, and his tax 38,000,000; Mr. Carnegie, income 10,000,000 dollars, tax 6,600,000 dollars; Mr. Henry Ford, income 5,000,000 dollars, tax 3,000,000 dollars; Mr. J. P. Morgan, income 3,500,000 dollars, tax 2,250,000 dollars.—Aus.-N.Z. Cable Assn.
UNITED STATES LOANS TO BRITAIN
AN ADDITIONAL OREDIT ANNOUNCED. New York, March 13. Tho Treasury has announced an additional credit of 200,000,000 dollars (£40,000,000) to Britain. This makes a total loan to Britain of 2,520,000,000 dollars (£504,000,000).—Aii5.-N.Z. Cable Assn.
ITALY'S WAR EXPENDITURE
(Roc. March 14, 7.35 p.m.)
Rome, March 13. ■ Italy's war expenditure to tho end of January was £1,320,000,000. Tho monthly expenditure is now £52,420,-000—Aus.-N.Z. Cablo Assn.
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Dominion, Volume 11, Issue 151, 15 March 1918, Page 5
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152FINANCING THE WAR Dominion, Volume 11, Issue 151, 15 March 1918, Page 5
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