AFRICAN POLITICS.
FAILURE OF THE LOAN. DUTY ON SUGAR DOUBLED. * FALLING INTO LINE. nltect Press Assn.—Elec. Tel.—OoDrriirM. (Received March 20, 11.45 a.m.) CAPETOWN, March 19. The Minister of Finance replying In the appropriation debate in the Assembly explained that the failure of the £6,000,000 loan was due to the issue price not appealing to big subscribers. A cable message to-day stated the underwriters had been relieved of a considerable amount of the loan, which was now at a live eighths premium. He announced that the duty on sugar, which was at present is 6d plus the suspended duty of 3s 6d per 1001 b, would be doubled. By-products would be exempted.
The speaker announced the adoption of the designation “ M.P.” for Members of the House, instead of " 1 M.L.A.” in order to come into line with the practice in other Dominions.
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Waikato Times, Volume 107, Issue 17974, 20 March 1930, Page 6
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141AFRICAN POLITICS. Waikato Times, Volume 107, Issue 17974, 20 March 1930, Page 6
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