DOMINION'S WAR FINANCE.
EXPENSES AND LOAMS.
STATEMENT BY MINISTER
By Telegraph.—Press Association. Auckland, Last Night.
In a statement published a few day# ago, the Hon. A. M. Myers, Acting-Minis-ter for Finance, stated that the New Zealand war expenses to November 30, 191S, amounted to £31,000 000, and the war loans to date to £61,000,000. the" interest and sinking fund to the latter sum being about £3,500.000. On being interviewed to-day. Mr. Myers stated that of the £<!4 1 OCO,000 borrowed £1,110,000 had be»)' raised at 3% per cent. Vterest, 4*' t millions at- 4 per cent., 38 millions nt 4% per eent.. and lfl,} millions at 5 nar ccni. Ho. added that 22} millions had bc A ** raised in London and 41V 2 millions in 7r»• land. The amount oi Joans raised in New Zealand for war purposes from April 1. lt>lß, to the Ifltli nit. was ii little n«cr 14. millions, while for other purposes 1',4 millions had beo;i subscribed.
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Taranaki Daily News, 7 January 1919, Page 5
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161DOMINION'S WAR FINANCE. Taranaki Daily News, 7 January 1919, Page 5
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