COMMONWEALTH FINANCES.
jPraaa Association Copyright.) (Rec. 10.40 a.m.) MELBOURNE, This Day. At- the Conference Mr Watt stated that during the current year payments J. r interest and sinking fund on Joans amounted to £13,030,000 and war pensions would absorb £5,000,000, the total loan to be redeemed within the nex t ten years amounted to £300,000,000, added to which would be £190,000,000 war loans floated in Australia to he redeemed in the same period. He proposed that the States give the Commonwealth full control of all State and- local Government borrowings for three years, ending 1921.
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Nelson Evening Mail, Volume LIII, Issue 19, 24 January 1919, Page 6
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95COMMONWEALTH FINANCES. Nelson Evening Mail, Volume LIII, Issue 19, 24 January 1919, Page 6
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