The Bank of New Zealand

Te Aroha News, Volume XXXIII, Issue 15706, 6 December 1915, Page 3

The Bank of New Zealand

AND THE WAR At the annual meeting of shareholders of the Bank of New Zealand in Wellington the chairman of directors, Mr Harold Beauchamp, stated that they had at present 164 men on military service, and 100 who have volunteered and are waitingj their turn to be relieved. When a 1 the volunteers have joined the forces* the Bank’s pay sheet for men on active service will reach something like per annum, a very substantial contribution to the war funds Speaking of the effect of war taxation Mr Beauchamp said : “ Hitherto our income tax has amounted to about j£15,500 per annum. In future it will be about per year. Added to land tax, and note tax our total contributions to the taxation of the country will probably reach about £120,000 per annum.’’