amount only in each year. There is power to buy in the open market below a certain price, but it would be difficult to use the accumulated money for this purpose without causing a large rise in the price of the stock. The money could not, therefore, be applied after the war directly to debt redemption. A similar result could, however, be achieved, indirectly, by allocating a proportion of the money each year after the war as a set off against the fixed charge for interest and Sinking Fund on the stock, thereby increasing the amount available for rebates after the war.
- Civil Defence Region
- Nationwide
- Collection ID
- CAB71
- Document Reference
- CAB 71/10/62
- Document Types
- Memorandum
- File Reference
- CAB 71/10
- Former Department Reference
- LP(42) 260
- Identifier
- 10.1080/wtss.cab71.000010.062
- Keywords
- Agriculture Coal Coke Compensation Dairy Fishing Fuel Government Departments Haulage Infrastructure Livestock Milk Railways Reserve Stocks Subsidies Transportation
- Language
- English
- Organizations Discussed
- Lord President's Committee Ministry of War Transport
- Pages
- 3
- Published in
- United Kingdom
- Themes
- Industry Infrastructure Rationing Supply the Wartime Economy Fuel Utilities Manufacturing Materials
