CANADIAN FINANCES.
BIG BORROWING PROPOSAL. By Telegraph—Press Assn.—Copyright Received July 2, 10.80 p.m. Ottawa, July 1. a resolution authorising the Government to borrow 300,000,000 dollars to meeting maturing obligations was passed by the House of Commons. The acting-Minister for Finance (Mr. Robb) said it was expected to float a loan at less than 5 oer cent. The suggestion waa made that the Dominion should issue bonds to its own Treasury, and issue the necessary credits thereon. Mr. Robb replied that he did not propose to “Russiamse” Canadian securities.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/TDN19240703.2.38
Bibliographic details
Taranaki Daily News, 3 July 1924, Page 5
Word Count
88CANADIAN FINANCES. Taranaki Daily News, 3 July 1924, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Taranaki Daily News. 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