BRITISH CAPITAL
(By Electric Telegraph — Copyright). : (Per. Press Association). WITHDRAWN FROM AUSTRALIA." ... SYDNEY, April 22. At the "Empire ' Commission Mr;: R. L. Nash, a prominent financial expert', gave evidence that the English capital invested in. Australia had decreased from £387.000,000 in 1902 to £370,000, oco in 1912. . •'.-'...' A large number of English com-, panics, which did big business in the eighties w.erc practically wiped >out after the 1893 collapse. From that date capital had been flowing back to the Old Country iin^ vestors finding that because of local, competition th«y could^not profitably employ their capital.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GRA19130424.2.32
Bibliographic details
Grey River Argus, 24 April 1913, Page 5
Word Count
95BRITISH CAPITAL Grey River Argus, 24 April 1913, Page 5
Using This Item
Copyright undetermined – untraced rights owner. For advice on reproduction of material from this newspaper, please refer to the Copyright guide.