Internal War Loans Belligerent Countries
Internal War Loans Belligerent Countries
Internal War Loans Belligerent Countries
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Taxation—Payment of principal and interest is forever free<br />
from the tax on revenue from money capital.<br />
Collateral Privilege—These bonds are accepted at prices fixed<br />
semi-annually by the Minister of Finance and published<br />
by the Government, as deposits pledged against (i) Government<br />
contracts and deliveries, (2) excise payable in installments<br />
and (3) customs duties.<br />
Bonds of this loan accepted at the State Bank, its<br />
branches and offices, treasuries and many other banks, as<br />
collateral for loans up to 88% of their par value at 5^% discount<br />
until January 14, 1918.<br />
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