BRITAIN’S WAR FINANCES
LOAN POWERS PROPOSED
[BRITISH OFFICIAL WIRELESS.)
(Received November 4, 10.20 a.m.) RUGBY, November 3.
The Chancellor . of the Exchequer has given notice to move, in the. Commons, a obtain power to raise loans for financing the war. It will come before the House, and will 'form the basis for a Bill which will be taken on Thursday, empowering the Government to borrow any sums required for raising any supply for the services, any additional sum not exceeding 250,000,000, and any sums required for the repayment of maturing securities. The procedure is purely formal-, am 1 it does not necessarily follow that immediate advantage will be taken of the authority sought. It will, however, Im regarded as an indication that the Treasury feels conditions were developing favourably for I he issue of a loan . LORD MAYOR’S FUND. RUGBY, November 3. The Lord Mayor’s Red Cross and St, John Ambulance Fund for the sick and wounded in the war lias reached
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Greymouth Evening Star, 4 November 1939, Page 7
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162BRITAIN’S WAR FINANCES Greymouth Evening Star, 4 November 1939, Page 7
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