FINANCING THE WAR.
SHORT-DATED BILLS CRITICISED
(Received May 30, 12.30 p.m.) ! ...... LONDON, May 20
In the House of Commons, discussing the Consolidated Fund Bill, members criticised the Government's policy of financing the war on short-time bills,, and urged a permanent loan.
Sir F. G. Banbury declared that the feeling in the City., was that the limit of safety with regard to the issue of Treasury Bills was almost reached.
Mr MoKenna said the Government's policy could bo well defended, but it was impassible.to do. so under the rules of debate.
The Bill was reported unamended
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AG19160530.2.36.3
Bibliographic details
Ashburton Guardian, Volume XXXVI, Issue 8462, 30 May 1916, Page 5
Word Count
95FINANCING THE WAR. Ashburton Guardian, Volume XXXVI, Issue 8462, 30 May 1916, Page 5
Using This Item
Ashburton Guardian Ltd is the copyright owner for the Ashburton Guardian. 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 Ashburton Guardian Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.