MOTHER COUNTRY.
THE VICTORY WAR LOAN. By Telegraph.—Press Assn.—Copyright. London, June 12. The Victory Loan consists of two issues of unlimited amount. The first is a 4 per cent, funding loan, tlie price being SO, repayable at par from 1900 to 1990 by means of a sinking fund. The second is 4 per cent. Victory bonds. The price is So, and they are redeemable by annual drawings, commencing on September 1, 1920. The prospectus does not state the period over which the redemption will extend. The purchaser will thus receive over 94s per cent, interest upon the investment and a bonus of £-15 per cent, when the capital is repaid. if Payment for both issues will bo made in instalments lasting till January, 1920, and be purchasable at post offices. The bonds will be accepted in payment of death duties, and previous war loans and Exchequer bonds will be accepted in payment for either issue.—Aus. N.Z. Cable Assoc.
NEW ZEALAND DELEGATES. REQUEST FOR THEM TO STAY LONGER. Received June 13, 8 30 p.m. London, June 12. The Peace Conference is still making very slow progress, and apparently the Germans aro determined that they will not Eign the treaty as originally presented to them. The Allied Powers are agreeable to certain modifications as regards the eastern boundaries and other matters of secondary importance, but will adhere to their main proposals and principles. The position is far from satisfactory, and the overseas delegates are naturally impatient at the delay. Mr. Lloyd George has urged Mr. Massey to stay as long as he possibly can, as the greatest importance is attached to the final decisions. Mr. Massey is anxious that New Zealand should not be unrepresented, but has indicated that he cannot stay longer than another fortnight.—Official. A STRONG CITIZEN ARMY NECESSARY. London,.June 12. Speaking at the Mansion House, Sir David Beatty said that the battle of Jutland so damaged the German navy's moral that it never succeeded in regaining it. Sir Douglas Haig advocated the maintenance of a strong citizen army. Every man should be trained and asked to volunteer for service if required. Wo now knew the truth of Lord Roberts' remark that Britain could only have peace by being prepared for war.—Au3. N.Z. Cable Assoc. SIR THOS. MACKENZIE EULOGISED. London, June 5. Sir Joseph Broodbank, at a meeting of the Cold Storage Association, expressed the hope that Sir Thomas Mackenzie not going hack to Now Zealand vet. as his ripe experience was of great value to the Dominion. Sir Thomas Mackenzie said: "My experience is at the Government's service, if they wish to retain me as Hi«h Commissioner; if not, I hope to have the opportunity of using it in New Zealand for the service of the Dominion."
VARIOUS ITEMS. London, June 12. Three hundred of the Black Watch refused to embank at Dover for Germany, owing to grievances, and were marched to a rest camp. Received June 14, 12 5 a.m. London, June 13. The cause of the Black Watch meeting was the re-sending overseas of men who recently were prisoners of war. There is a generous overflow of oil at tlie borings in Derbyshire, and the oil is of excellent quality. The ex-Kaiser's yacht Meteor, which is interned in Scandinavian waters, is advertised for sale at half a million marks.
The governing body of the Anglican Church in Wales, with the Primate's approval, carried a resolution in favor a f the creation of an ecclesiastical province of Wales,—Aus. N.Z. Cable Assoc. The War Cabinet is considering the expediency of continuing food control through the winter months in order to prevent profiteering. On the widely controverted ground of the lower cost of living the Shipbuilding and Engineering Federation proposes a reduction of 5s per week in the war bonus to skilled and unskilled workers. The dispute affects 2,000,000 men.
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Taranaki Daily News, 14 June 1919, Page 5
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640MOTHER COUNTRY. Taranaki Daily News, 14 June 1919, Page 5
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