V mm /SeNEM j//?/CC£ jt*; I jj afid' is QO ?\t"- s vAo 1 fC> Svo fco'U' c 60 . RheU 5 **» ££ * e , oiZ- -, c-As urt2°» *of '* loef „ lu* b °* yitfl* flU \or tot . L \u«"? t <.ci» t,C ( ; ( the >< e a f*«“ ote c '° LU"" « 1 ii ■
In the year (1911) of the Coronation of King George V, the annual expenditure of the British National Exchequer was £179,000,000. For the current year it is estimated at over £800,000.000. The standard rate of income tax, which in 1911 was Is 2d in the £l, has since risen to 6s, and now stands at 4s 9d, with every prospect of a fresh advance in the near future. The National Debt, which in 1911 was about £ls per head of the population, is ttp'-u mote i.hcvi jPJyO per head.
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Bibliographic details
Otago Daily Times, Issue 23205, 1 June 1937, Page 14
Word Count
136Page 14 Advertisements Column 2 Otago Daily Times, Issue 23205, 1 June 1937, Page 14
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