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BRITISH WAR FINANCE.
LOAN BILL PASSED;
C^^RJ^OVN^S- TAXATION POLicy; ,
/ • •
(Australian "'and N.Z.-'Cable Associatwa]
(Received August -15, CUS a.m.) , [y ; Lentf6fi t August 14. In the Hatuse of Commons the War Loan Bill was put through committee. Mr Bonar Law stated ttat pre-war
taxation yielded 160 million. The 1917 yield would be 670 million, mainly from direct taxation. The Government? ation without destroying the power of.; financing by loans. The present Bill was intended to meet debts which had been incurred. !
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/TC19170815.2.24.15
Bibliographic details
Colonist, Volume LVIII, Issue 14483, 15 August 1917, Page 5
Word Count
80BRITISH WAR FINANCE. Colonist, Volume LVIII, Issue 14483, 15 August 1917, Page 5
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