Page 5 Advertisements Column 1

Grey River Argus, 25 February 1927, Page 5

KING SOLOMON MINING CO. DUNEDIN, Feb. 24. Dissatisfaction exists, both in Gore and Dunedin, with respect to the affairs of the King Solomon Mining Coy. The property is situated at Waikaia, near Gore, and although a large portin' of capital is uei- in the south, the directorate is located in Auckland, which, it is maintained, is too far from the seat of operations. At a meeting of the Dunedin shareholders. it was agreed that the Auckland directors be asked to resign, and that a new directorate be formed at AUSTRALIA’S HUGE PUBLIC DEBT. SYDNEY, February 24. A summary issued by the Federal Go iverunient Statistician shows that, allowing for the amounts provided for in both th? State and Federal financial statements the net public debt of Australia on the 30th of June last wa.£10,317,757,061, which was equal to £167/14/8 per head of the population, The Commonwealth debt totalled £461, 514,634 of which nearly £301,000,00(1 was raised for war purposes.