MOTHER COUNTRY.
MTEREST ON BANK. DEPOSITS TO HELP THE WAR LOAN'S.
Received June 3, 7.25 p.m. London, Jane 2. Following the Government's instructions, the bank* are not allowing more than 3 per cent, interest on deposits, thus forcing many depositors to invest in the war loan. The scheme particularly affects dividends aggregating fifty Billions sterling paid out to 1,600,000 holders of war loan security on Satur*V Fresa Assoc. A LUXURY TAX Received June 3, 0.40 p.m. London, Jane 3. In view of the debate oa tie luxury tax to-day, Mr- Bonar Law has given notice oi aa amendment to the Finance BUI. Iwiead of a fiat rate of twopence in the shilling, he proposes a sliding scale, coaaenciag with twopence, on payneati between a shilling and two shillings, naing to 19b on piyaanU of ttfe BIRTHDAY HONORS. Raotived June 3, 8-58 pja London, June 2. The birthday honors include a Knight Grand Crosa of Saint Michael and St. George for Sir G. E. foater, K.O.M.G. (Canadian Minuter of Commerce), and Mr. Croaby Phillips, M.P. A number of Australian* have been hosored.—Aus - NX CfcbW Assoc. and Heater.
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Taranaki Daily News, 4 June 1918, Page 5
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186MOTHER COUNTRY. Taranaki Daily News, 4 June 1918, Page 5
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