LOAN IN HOLLAND.
A Dutch correspondent writes: Besides lieing plundered by the occupying Power, the Netherlands also have to bear the cost of the German army of occupation, which is millions of guilders a week. The C-tmans at first saturated private > iks with Treasury notes in exchange lor their funds. Since the increased hy no less than 1.000,000,000 guilders. Now private capital is being invasion the State floating debt has drawn upon. A State loan of 500.,000 000 guilders (about £O7 000,000) has been issued, and the prospectus contains a threat that if it is not subscribed a compulsory ,40-year annuity-levy at 2j per rent, will be enforced. The loan, bearing interest at 1 per cent., is for 10 years, issued at par
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19410531.2.106
Bibliographic details
Manawatu Standard, Volume LXI, Issue 153, 31 May 1941, Page 8
Word Count
123LOAN IN HOLLAND. Manawatu Standard, Volume LXI, Issue 153, 31 May 1941, Page 8
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