COST OF WAR.
By Telegraph—Press Association—Copyrigh Received 6 p.m., July 19. London, July 18.
At a Mansion House dinner, at which the leading bankers and merchants were present, Mr Ritchie stated that a debt of a hundred and' sixty millions remained in connection with the South African war. He hoped that it would be extinguished in the course of the next twelve years by the operation of a sinking fund. The country, he declared, was prosperous and British consols as in the past, the world’s pre-eminent seourity. It . was therefore for' those waging the fiscal change to show that it was necessary or desirable.
Sir W. Harcourt, Messrs Asquith, Birrell, and other prominent Liberals are writing fiscal , essays, which eighty dubs publish weekly. . ■ -
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Bibliographic details
Gisborne Times, Volume X, Issue 946, 20 July 1903, Page 2
Word Count
123COST OF WAR. Gisborne Times, Volume X, Issue 946, 20 July 1903, Page 2
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