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.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19390325.2.82
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
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Standard. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in