COLONIAL STOCKS BILL.
Unitf-d Press Association
By Electric Telegraph — Copyright
(Received July 25, 9.25 a.m.)
London, July 24. In the House of Commons the Colonial Stocks Bill was read a second time.
Sir Michael Hicks-Beach explained that under the bill trustees were allowed to invest trust mdneysin colonial stock; that if a colony agreed to any colonial legislation detracting from the security of its stock it should be subject to veto by the Imperial Government; that stock should also be brought under the Limitation Colonial Stock Act ; and that a.colony must agree to satisfy any judgment of the.Eng- ,- lish Courts.
Mr R. B. Haldane demurred that the Treasury was constituting itself the special guardian of trustees.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DTN19000725.2.24
Bibliographic details
Daily Telegraph (Napier), Issue 9824, 25 July 1900, Page 5
Word Count
116COLONIAL STOCKS BILL. Daily Telegraph (Napier), Issue 9824, 25 July 1900, 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.