INDIA LOANS
I A MEMBER EXPLAINS. (Received Last Night, 10.50 o'clock.) J LONDON, November 21. I Replying to Mr G. I). Fa.ber in tho House of Commons, Mr J. H. Baker said that the loans from the India reservo were temporary, and were j made when the reserve-was unusually high, and could not be lent in the usn- [ al way. Tho Banks' profit in tke transaction was lose than J per cent. I (In tho House of Commons soveral j members objected «.to loans being j made to financial institutions from the India Office's reserve fund.)
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Wairarapa Age, Volume XXXI, Issue 10713, 22 November 1912, Page 5
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96INDIA LOANS Wairarapa Age, Volume XXXI, Issue 10713, 22 November 1912, Page 5
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