THE QUEENSLAND LOAN
4P-U PUIES3 ASSOCIATION.) Ueocived May3oth.ll._ia.m. London, May 29. j The Financial News considers that \ tho failure of the Queensland loan was j mainly duo to the reluctance of English capitalists to encourage further borrowing by the Austrahau colonies, and it advises the Imperial 1 Parliament to reject the Trustees' Liability Bill, which provides for trustees investiug in colonial stocks. R:ceivcd May 3isc &50 p.m. London, May 30. Leading financiers in the city fqar there will be a long continuance of dear money. The Economist states if the colonies wish to depend on the public for floating their loans tuoprasent system of inviting tenders must be abandoned, and it cousiders there is no reason why the Queensland loan should not have been subscribed if it had been kept open for iwo months at a fixed price of 92 and provision made for interest to accrue from the date of subscription.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP18910601.2.31
Bibliographic details
Press, Volume XLVIII, Issue 7878, 1 June 1891, Page 5
Word Count
152THE QUEENSLAND LOAN Press, Volume XLVIII, Issue 7878, 1 June 1891, Page 5
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in