DOMINION FINANCE.
STATEMENT BY THE PREMIER
[Press Association.]
WELLINGTON, Jan. S. The Prime Minister says he has not y received the figures yet regarding the expenditure for the yeur, but, so far as be is able to calculate there lias been a considerable increase, and this is a phase of our financial' position which he proposes to deal with ••it an - carlv date upon a comprehensive basis. Sir Joseph Ward mentioned to a “New Zealand Times” reporter this morning that during the present financial year New Zealand had to meet debentures falling due to the extent of .C 3.133.235, -all of which, notwithstanding the disturbed state of the money market, has been arranged for on the most satisfactory terms. “This,” said Sir Joseph, “is confirmatory of what I said long ago that our financial arrangements arc made well ahead. 'Wo had tlio large sum . of £1.281,850 falling due as late as the Ist hist., and of this amount w<renewed to present holders over £1,100,000. a fact which shows the confidence the holders have in the > A stability of the country.” ■
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Gisborne Times, Volume XXVII, Issue 2295, 9 January 1909, Page 5
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180DOMINION FINANCE. Gisborne Times, Volume XXVII, Issue 2295, 9 January 1909, Page 5
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