BRITISH FINANCE.
WAR BONDS INVESTMENTS* INCREASE IN SAVINGS. By Teloraph.—Press Am.MJotfrljhi Received Jan, 17,12.20 a.m. London, Jan. IS. Speaking at a National War Savinta banquet in London, the Chancellor of tie Exchequer (Mr. Austen Chamberlain) announced that the Government was making an early issue of fire y«ar exchequer 'bondß at 5J per cent. Mr. Chamberlain paid a tribute to tfee labors of the War Sayings, Committee and said that the amount invested In war savings certificates waa £2oo,ooft--000, despite the fact that the dtpocttt in the Post Office and in the Itautte Havings Banks had increased ltOb £300,000,000 in 1914 to VMtfy £800,000,000 last October. As regards stabilising finances, ha declared there wore no short-cuts or tSJff remedies. He urged a continuation H the work of war savings organiaatiots in order to inculcate the habit of thrift,
Since the armistice, a sum Of £08,000,000 had been invested in' War savinft certificates.—Aus.-N.Z. Cable Ann.
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Taranaki Daily News, 17 January 1920, Page 5
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153BRITISH FINANCE. Taranaki Daily News, 17 January 1920, Page 5
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