FINANCING WAR
BRITISH PROPOSALS WIDE POWERS SOUGHT BILL TO BE INTRODUCED (Official Wireless) (Received Nov. 4, 11 am.) RUGBY, Nov. 3 The Chancellor of the Exchequer has given notice to move in the House of Commons a resolution to obtain power to raise loans for financing the war. It will come before the House and will form the basis for a Bill which will be taken on Thursday, empowering the Government to borrow any sums required for raising any supply for service, any additional sum not exceeding £250,000,000, and any sums required for the repayment of maturing securities. The procedure is purely formal. It does not necessarily follow that immediate advantage will be taken of the authority sought. It will, however, be regarded as an indication that the Treasury feels that conditions are developing favourable for the issue of a loan. The appointment of Canadian High Commissioners in New Zealand and South Africa, and a Minister to Eire, is expected-
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/WT19391104.2.59.7
Bibliographic details
Ngā taipitopito pukapuka
Waikato Times, Volume 125, Issue 20953, 4 November 1939, Page 7
Word count
Tapeke kupu
160FINANCING WAR Waikato Times, Volume 125, Issue 20953, 4 November 1939, Page 7
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Waikato Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in