NEW BRITISH LOAN.
ONLY ONE-THIRD SUBSCRIBED. By Telesrraph —Vress Assn Copyright. Received March !>, ii.s p.m. London, March 4. Of the British Government's new loan at 3J per cent., only one-third has been subscribed. The Daily Hail attributes the failure partly to the public's determination U force the Government to stop waste, and' fears of a capital levy. A White Paper publishing financial correspondence reveals that the Governors of the Bank of England urged the Government to restrict future borrowings from the bank.—United Service.
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Taranaki Daily News, 10 March 1920, Page 5
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83NEW BRITISH LOAN. Taranaki Daily News, 10 March 1920, Page 5
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