NEW FINANCE PLAN
GERMAN PROPOSAL. EXTRAORDINAY MEASURES ISSUING BONUS. (United Press Association—Uy Electric Telegraph.—Copyright.) Received March 25, 1.5 p.in. BERLIN, March 24. A new finance plan has been announced, providing for advance payments of future taxes by trade and industry with file object of enabling the Government to finance its extraordinary expenditure. Non-interest bearing tax bonds, the taking up of which is obligatory, will be issued in recognition of advance payments. A plan is announced to finance province’s and towns with railways, posts and motor roads. The decreased revenue resulting will l>e compensated by the increased income tax and the decreased public expenditure. lteicli loans will be issued only as exceptions. The delivery of bonds will be abolished in May, 19411.
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Bibliographic details
Manawatu Standard, Volume LIX, Issue 98, 25 March 1939, Page 9
Word Count
121NEW FINANCE PLAN Manawatu Standard, Volume LIX, Issue 98, 25 March 1939, Page 9
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