AUSTERITY WAR LOAN IN AUSTRALIA
£100,000,000 By January
CANBERRA, August 21
A so-called “Austerity” war and conversion loan which will lx; launched by the Federal Government on September 3 next for £100,000,000 is to be raised before the end of the year. In announcing this issue, the Prime Minister, Mr. Curtin, said "September 3 is the day on which we shall- have entered the fourth year of the war, and in a special broadcast feature which is being arranged for that date there will be outlined yet further austerity in our method of living, coupled with ibe heavy taxation already existing." This loan, he said, represented the greatest challenge to sacrifice ever made to the Australian public. Terms and other details of the loan are to be announced at a later date.
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Dominion, Volume 35, Issue 281, 26 August 1942, Page 5
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132AUSTERITY WAR LOAN IN AUSTRALIA Dominion, Volume 35, Issue 281, 26 August 1942, Page 5
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