Lands with further misrepresentation. Mr. Langstone had claimed that through the £10,135,000 conversion in London the Government had saved the country £2,135,000 in principal, as well as £266,765 annually in interest. The 'Government was not entitled to any credit for that. Particulars were set out in the 1935 Budget, and it happened that Mr. Coates was Minister of Finance then. The arrangements for the 1935 conversion were made on the occasion of the visit to London of the New Zealand delegation at the time of the Silver Jubilee of King George V. iThe 1936 conversion was carried out i by Mr. Nash, but it was only fair to | say that whereas in his conversion the j bulk of the loan had been left in the hands of the underwriters, the previous . loans had been fully subscribed.
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Evening Post, Volume CXXV, Issue 152, 30 June 1938, Page 9
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136Page 9 Advertisements Column 1 Evening Post, Volume CXXV, Issue 152, 30 June 1938, Page 9
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