TEE FINANCIAL POSITION.
STATEMENT BY MR. MASSEY. By Telegraph—Press Association. Auckland, November 11. The financial difficulties which had to be faced by the Government last session i were briefly referred to by the Prime I Minister in"an interview to-day. ! "We 'had a little difficulty in making the money available go round," remarked Mr. Massey. "That is why we decided that the Minister for Finance should gO i Home. He will leave shortly, and will not only raise the new loan provided for during the session, but will make the necessary arrangements !in connection with loans of £16.000,000 on short debentures falling due in four years. This liability makes matters somewhat awkward, and the Balkan war does not improve the position. However, I am quite confident we arc going to make satisfactory arrangements, and that it is wise I thai Mr. Allen should go Home and deal with the matter on the spot."
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Taranaki Daily News, Volume LV, Issue 151, 13 November 1912, Page 8
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152TEE FINANCIAL POSITION. Taranaki Daily News, Volume LV, Issue 151, 13 November 1912, Page 8
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