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PROFIT FROM ARMAMENT MANUFACTURE.

DECISION OF CHURCH INSTITUTION.

United Press Association—By Eiectrlo Tcle'irnrh. —Copyright (Received May 16. 8.20 pan.) LONDON, May 16.

‘The Daily Chronicle” says: “Following protests from clergymen throughout the country against Christian organisations deriving revenue from armament shares, the Clergy Pensions Institutions Board has decided to dispose of its holding of £IO,OOO in Vickers Ltd., and re-invest the capital in trustee stocks. The Vickers holding was acquired in 1894, when the institutions were conducted more on lines of an ordinary commercial insurance company.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19340517.2.86.3

Bibliographic details

Timaru Herald, Volume CXXXVII, Issue 19801, 17 May 1934, Page 9

Word Count
86

PROFIT FROM ARMAMENT MANUFACTURE. Timaru Herald, Volume CXXXVII, Issue 19801, 17 May 1934, Page 9

PROFIT FROM ARMAMENT MANUFACTURE. Timaru Herald, Volume CXXXVII, Issue 19801, 17 May 1934, Page 9