PREMIUM BONDS
MOTION IN FAVOUR VOTED OUT.' London, Oecember 1. The House of Commons, by 276 votes to Si. reiected Mr. Bottomley's motion ill .favour of premium bonds. Mr. Austen Chamberlain (Chancellor of the Exchequer) admitted on further consideration he had changctf his mind, and was now. without raising the question of moral right or wrong, opposed to premium bonds on the broad ground of iinancial expediency. There was no attractionV in premium bonds apart 'from the gambling chancc. . They would probably caoture some money not now saydcl, but it would be an inconsiderable amount compnred with moneys which would bo withorawn from the savings banks and war loans. Air. Bonar Law endorsed Mr. Chamberlnin's remarks.—Aus.-N.Z. Cable Assn.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/DOM19191205.2.59
Bibliographic details
Ngā taipitopito pukapuka
Dominion, Volume 13, Issue 61, 5 December 1919, Page 7
Word count
Tapeke kupu
118PREMIUM BONDS Dominion, Volume 13, Issue 61, 5 December 1919, Page 7
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.