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WAR LOAN CONVERSION

EFFECT ON EXCHEQUER (Aust. and N.Z. Cable) Rugby, February 28 It was stated in Parliament that the direct gain to the Exchequer this year resulting from the \Y:ir Loan conversion operation is nearly £32,000.000 gross, or, if account is taken of loss of income tax and surtax, about £24,500,000 net.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS19340302.2.29

Bibliographic details

Feilding Star, Volume 11, Issue 4181, 2 March 1934, Page 4

Word Count
53

WAR LOAN CONVERSION Feilding Star, Volume 11, Issue 4181, 2 March 1934, Page 4

WAR LOAN CONVERSION Feilding Star, Volume 11, Issue 4181, 2 March 1934, Page 4