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The Feilding Star Oroua and Kiwitea Counties' Gazette FEILDING, MARCH 23, 1924. REAPING TROUBLE.

No .statesman can afford to he at odds, with the financial powers in the world. There is nothing'more sensitive, nothing so jealous tor its rights, nothing more persistent in the pursuit of its purpose than jdiat lever of all national obstacles, High finance. Premier Theodore, of Queensland, is finding that out for his second time on earth —or that particular part of it known as Threadiieedlo Street, London, where lie lias gone again to “raise the wind” to carry on the development of his State. The Home financiers think Ins' idea of development is too hasty and Socialistic, and they are showing a large amount ,of curiosity as to details. It is a way the finan-ciers-have-and as they provide the money, can they he blamed ? Mr Theodore, when Ire was Home previously, a few years ago, spoke loudly about getting his money at New York. He didn’t. London was and is the treasure house. The probability is that the Wall Street money magnates would be even more exacting than- those- of Threadncedle Street; and, after all, there arc more bowels of compassion in lending money in London than there are in New York. Consequently, Air Theodore must capitulate, for lie cannot afford to go hack to Brisbane empty-handed. No matter what the terms imposed, Queensland must have money.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS19240325.2.11

Bibliographic details

Feilding Star, Volume 2, Issue 134, 25 March 1924, Page 4

Word Count
232

The Feilding Star Oroua and Kiwitea Counties' Gazette FEILDING, MARCH 23, 1924. REAPING TROUBLE. Feilding Star, Volume 2, Issue 134, 25 March 1924, Page 4

The Feilding Star Oroua and Kiwitea Counties' Gazette FEILDING, MARCH 23, 1924. REAPING TROUBLE. Feilding Star, Volume 2, Issue 134, 25 March 1924, Page 4