BRITAIN’S BURDEN OF DEBT
£1,000,000 EACH. DAY
(Official 'j'* 1 ~ .i t ; RUGBY, Feb. 23, An abstract of the account of the Consolidated Fund, that'has been published by ' The Treasury, shows that Britain’s £f,oOQ,'ooo per day debt burden last year included interest payments amounting to £310,000,000 tnroughout the year; management and expenses, and ,new’.sinking; fund, £ofr,ooo,ooo.
Other'*;/figures included in the account showed that the cost of war pensions last; year declined by. £3,000,00,0 to £5,000,000. There .are; still,;/' -over $$0,000; persons receiving : pensions and’, allowances. ..,)Sifice ; tile?, Ministry of Pensions was Established, the total expenditure on war perisiQps and administration has exceeded'->£845,000,-000. /■: : .•?*s&:
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Hokitika Guardian, 26 February 1930, Page 3
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103BRITAIN’S BURDEN OF DEBT Hokitika Guardian, 26 February 1930, Page 3
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