HUGE CONVERSION
i BRITISH LOAN PROPOSALS LONDON, Wednesday. . In the House of Commons, MrPhilip Snowden (Chancellor of the Exchequer) rnoved the machinery resolution to empower the Treasury, v/hen conditions were favourable, to approach the conversion of a huge block of £2,000,000,000 5 per cent. war loan, which otherwise would have to be paid off by 1947.
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Rotorua Morning Post, Volume 1, Issue 22, 18 September 1931, Page 3
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56HUGE CONVERSION Rotorua Morning Post, Volume 1, Issue 22, 18 September 1931, Page 3
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