MIGRATION LOAN
-Presa Assn
£100,000,000 Forecast For , Next Year EMP1RE AT STAKE j ■ ' ■' — 1
(By Telesrapk-
Copyright.) ,
(Received January 1, 10.3,0 a.m.) LONDOM, Jan. 31. Whitehall is considering a gigantic Coronation year scheme for the Empire, including a loan of £100,000,000, embracing migration. Diplomatie circles believe that the future of the Exrpbe will depend on tho next Imperial Conference, at which a scheme will be, enunelated. An expert on Imperial affairs says: "Britain mnst pave tho way with gold, then the Empire can be opened up as it should." Mr Ramsay MacDonald is said to have deelared that unless we develop the Empire someone else will. Against this forecast is the certainty of an increase in the income tax foi defence expansion and talk of a loan in addition for the purpose.
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Bibliographic details
Hawke's Bay Herald-Tribune, Issue 14, 1 February 1937, Page 7
Word Count
132MIGRATION LOAN Hawke's Bay Herald-Tribune, Issue 14, 1 February 1937, Page 7
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