INDIA OFFICE
AND FINANCIAL LOANS
'Received Last Night. 10.55 o'clock.) LONDON, November 20.
Questions in the House, of Commons, on tile practice of the India Office granting loans from the India res'eh-o fund, to financial institutions, revealed the fact that, a loan of £1.000,000 bad.been made to Samuel Montague and Co. at 2$ per cent. Mr G. D. Faber, Unionist member for Clapham, said that the granting of such loans merely meant making firms a present of one per centum. He asked that the India Office in future would deal direct with the Stock Exchange, and a better return for their money.
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Wairarapa Age, Volume XXXI, Issue 10713, 21 November 1912, Page 5
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102INDIA OFFICE Wairarapa Age, Volume XXXI, Issue 10713, 21 November 1912, Page 5
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