FINANCING THE COLONIES.
ADVICE TO THE TREASURY. NEW LOANS DEPRECATED. LONDON". -lune 17. The "Pall Mall Gazette," in an article, state- that it would be better if the Treasury undertook t.. ti nance the actual pressing necessities of colonial Governments at no loss to itself until a general rearrangement i- made after the war. In any case, the Treasury must keep a tight hand on new issues. Investors are incline,! to criticise the continual peddling of these loan-. The magnitude of the New South Wales |oan for £5.000.000 is sufficient to mark it out for a fiasco.
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Auckland Star, Volume XLVI, Issue 144, 18 June 1915, Page 5
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97FINANCING THE COLONIES. Auckland Star, Volume XLVI, Issue 144, 18 June 1915, Page 5
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