THE WAR LOAN
NEXT INSTALMENT IN MARCH. Auckland, Dec. 3, A statement regarding the finance of the Dominion has been made bv Sir Joseph Ward. He stated that the next instalment of war loan. £20,000,000, authorised at the recent .session, would probably be placed' upon the market about March. .The amount of the issue would not exceed £11,000,000, in all probability it would be about £10,000,000.
When this further sum has been obtained, said the Minister, it will be sufficient to make full provision for all the Dominion's requirements up till the end of next July. By that time Parliament will again he in session, and we shall be in a position to know what further money is needed if the war continues for the succeeding 12 months.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19171204.2.14
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, 4 December 1917, Page 3
Word count
Tapeke kupu
128THE WAR LOAN Taranaki Daily News, 4 December 1917, Page 3
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.