FRENCH DEFENCE LOAN
FIRST INSTALMENT ISBUED (United Press Assn.—Elec. Tel. Copyright) PARIS, May 15 The first instalment of the defence loan of £28.000,000 is being issued at £9B and bearing interest at 5 per cent. The term is 30 years and the loan carries a capital guarantee. THE LOAN OVER-SUBSCRIBED EXHORTATION TO THE PEOPLE United Press Assn.— Elec. Tel. Copyright (Received May 17, 11 a.m.) PARIS, May 16 Wireless talks, tri-coloured posters, army aeroplanes, and trailing banners exhorted the people to subscribe to the defence loan. One hundred franc bonds were issued for the humblest subscriber. The loan was over-subscribed. 100 AMERIOAN PLANES PURCHASES BY FRANCE (United Press Assn.—Elec. Tel. Copyright) (Received May i7 f 1 p.m.) LONDON, May 16 The Paris correspondent of the Daily Mail says M. Lachambre has announced that the Government has purchased 100 fighting., planes from the United States, after obtaining the consent of Mr Roosevelt.
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Waikato Times, Volume 122, Issue 20500, 17 May 1938, Page 7
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151FRENCH DEFENCE LOAN Waikato Times, Volume 122, Issue 20500, 17 May 1938, Page 7
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