ANOTHER LOAN NEEDED
FOR PUBLIC WORKS. By Cable—Press Association—Copyright. Received 6, 12.5 a.m. Sydney, January 5. The Labor Government finds, in order to carry out its public works programme, that it may have to borrow in London in the near future. The Government has decided to raise the rate of interest on stock issued locally to 3% per cent., 3% being below the normal market rate.
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Taranaki Daily News, Volume LIII, Issue 226, 6 January 1911, Page 5
Word count
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66ANOTHER LOAN NEEDED Taranaki Daily News, Volume LIII, Issue 226, 6 January 1911, Page 5
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