FUTURE BORROWING
OPINION OF MINISTER "FOR. FINANCE.
C«I THIEORAPH—PRESS ASSOCIATION) *• T ~ m DUNEDIN This Day. Sir Joseph Ward, interviewed to-day discussing the qxjestion of borrowing said he was of opinion that it would be unnecessary for some time to go on the market. It was very improbable that the Government would again need to enter the local market. The loan money in hand would enable them to carry^on till 1917, when the war would probably be over Regarding further taxation, it was impossible to say what would be required in the future. If the war ended within a year from now, it was probable nothing further in the lorm of increased taxation would be required He qualified that by emphasising the impossibility of forecast™ the actual position in the future. He was hopeful the war would be over, but was satisfied if it should prove otherwise that all sections of the 'community recognising the enormous value of the issue, would gladly meet requirement-
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Bibliographic details
Evening Post, Volume XC, Issue 134, 3 December 1915, Page 8
Word Count
163FUTURE BORROWING Evening Post, Volume XC, Issue 134, 3 December 1915, Page 8
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