THE SIX MILLION LOAN.
PROTEST AT NO COMPULSION. By TeleCTanh.—PreßS Association. Auckland, Last Night. The failure of the Government to enforce the compulsory clauses of the Finance Act in connection with the raising of the soldiers’ loan of £6,000,000 was considered at a meeting of business men convened, by the Auckland Chamber of Commerce. There was a representative attendance. The following resolution was carried: “That this meeting views with alarm the statement attributed by the Press Association to the Prime Minister, in reference to the £6,000,000 soldiers’ loan, that, although under-subscribed to the extent of £1,500,000, the Government does not intend to press the compulsory clauses of the Act. This chamber emphatically protests against such injustice on the ground that bj r the non-enforce-ment of the compulsory clause of the Act that portion of the tax-paying community which has a due sense of its obligations to the State and has given effect to them is placed in a most unsatisfactory position compared to that of other section of taxpayers which has not made any effort to support the loan.
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https://paperspast.natlib.govt.nz/newspapers/TDN19210319.2.53
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Taranaki Daily News, 19 March 1921, Page 5
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179THE SIX MILLION LOAN. Taranaki Daily News, 19 March 1921, Page 5
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