CAPITAL LEVY URGED
Lord Beaverbrook’s Paper LONDON, August 2. The appeal by Sir Kingsley Wood, Chancellor of the Exchequer, to big business mon to make 21 per cent, war bonds a success is discussed by Hie “Daily Express." which advocates a capital levy. "How have men with big money-bags responded?" it asks. "Last week s subscript ions set a record low level of £lO.-124,410 sterling, while Hie little uutn’s total was £12.595.752, subscribed in (id. saving slumps. 15/- certilicates. and £5 defence bonds. “Banks, ■insurance companies, and fii’ancial corporations hold tight io thousands of millions of hounds needed to hire guns, tanks, and planes. “Well, if the big men will not rcsnond to Hie Chancellor’s anpeals to their patriotism, he must get their cash by means of a (‘iipital levy. II they won’t give, lie must lake. We conscript men. why not money?"
The "Daily Expres~" i< the newspaper of Lord Beaverbrook, Minister of Aircraft IToduction.
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https://paperspast.natlib.govt.nz/newspapers/DOM19400821.2.103
Bibliographic details
Dominion, Volume 33, Issue 280, 21 August 1940, Page 10
Word Count
156CAPITAL LEVY URGED Dominion, Volume 33, Issue 280, 21 August 1940, Page 10
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