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AUSTRALIA'S WAR BILL.

£50,000,000 A TEAR,. ' <AnstraHan and X.Z. Cable Association) (Received 10.43 a.m.) MELBOURNE, this day. Mr W. (Federal Treasurer) has announced that emploverß are not legally required to guarantee their employees' instalments to the war loan. 1 Should an employee who lias taken- up stock in the war loan be unable to keep up his payments, tlie Government would ; refund the amount he had paid. 1 In appealing for subscriptions for the | loan, the Minister stated that the Comjmonwealth required £50,000,000 a year ' i for war purposes.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19160720.2.47.17

Bibliographic details

Auckland Star, Volume XLVII, Issue 172, 20 July 1916, Page 5

Word Count
89

AUSTRALIA'S WAR BILL. Auckland Star, Volume XLVII, Issue 172, 20 July 1916, Page 5

AUSTRALIA'S WAR BILL. Auckland Star, Volume XLVII, Issue 172, 20 July 1916, Page 5