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THE FINANCIAL CHAOS.
GROWTH OF THE FLOATING DEBT
(Received Four millions of fresh Treasury bills have been issued, making the floating debt £35,200,000 since the end of October. The interest is now £20,000 per week. The average borrowing last month was four millions per week. Analysing the whole position, and including the taxation in abeyance, the -Spectator estimates this year's revenue at 162 millions, and expenditure at 175 millions.
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https://paperspast.natlib.govt.nz/newspapers/HNS19100411.2.19.4
Bibliographic details
Hawera & Normanby Star, Volume LVII, Issue LVII, 11 April 1910, Page 5
Word Count
69THE FINANCIAL CHAOS. Hawera & Normanby Star, Volume LVII, Issue LVII, 11 April 1910, Page 5
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