The Archive · 1940

Malaya Raising

£15,000,000

Singapore, Aug. 15.

The Governments of the Pad Settlements and the Federated Mal States today agreed {0 raise a total fof £15,000,000 as a gift to the British. Government towards the prosecution fof the war.

Under the terms of this agreement, the Straits Settlements Government would raise 25,000,000 Straits dolias, loan at three per cent., While "the 'Federated' Malay" States would raise 20,000,000 Straits dollars, This special war taxation will probably be included in the income fax, and is planned to meet the cost! of servicing loans on which the British Government will have to pay no charge whatsoever—United Press.

Text read from the printed page and cleaned; old type leaves the occasional error.

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