FRENCH GOVERNMENT DEFEATED.
SPREAD OF INFLUENZA,
COLONIAL BORROWING,
Paris, November 1. The French Senate has, in opposition to the Government, carried a motion imposing an import duty of 25 francs on American ealt port.
London, November 1. Influenza is spreading with alarming rapidity in Berlin and Bucharest.
The Banks consider it undesirable, and probably it will be impracticable, to float even a million and a-half of the Victorian loan, and think Australasia ought to agree to forego borrowing for two years, and then it should only be done in moderation. Financiers express surprise that Victoria is in need of a tnilliou and a-half in addition to the amount of the last loan to finish works in progress.
The Economist cautions Mr Dibbs, the •.new Premier of New South Wales, against -a revival of the old borrowing policy, and states that Victoria is borrowing too largely.
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Bibliographic details
Daily Telegraph (Napier), Issue 6294, 2 November 1891, Page 3
Word Count
145FRENCH GOVERNMENT DEFEATED. Daily Telegraph (Napier), Issue 6294, 2 November 1891, Page 3
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