THE VICTORY LOAN
——»' :., . GREAT CAUTION IN EXPENDITURE NEEDED.:. London, July 17. ■ The Chancellor o? the Exchequer. (Mr. Austen Chamberlain) stated in the House of Cominons that the result of the Victory Loa>n was- approximately 708 millions, the funding.loan 274 millions, bonds Sfis millions, and conversions 169 millions. The loan realised 539 millions of new money at face value, equal to 450 millions in cash value. Mr. Chamberlain considers that the result is satisfactory, but that, it shows the need for great caution in national and private . expenditure.—Aus.-N.Z. Cable Aesn.
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Dominion, Volume 12, Issue 253, 21 July 1919, Page 7
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89THE VICTORY LOAN Dominion, Volume 12, Issue 253, 21 July 1919, Page 7
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