NEW ZEALAND IN ENGLAND.
VERY HIGHLY THOUGHT OF.AUCKLAND, Jan. 19. Of the many impressions formed by Mr J. S. Brigham, Town Clerk of Auckland, on his tour abroad, two of the most outstanding are the high opinion held of New Zealand in English financial circles and the regard in which our system of local government is held in Australia, the only country visited in which conditions closely approximate to those of the Dominion. “1 found that the opinion of New Zealand is very high indeed,” said Mr Brio-ham on his return bytheMarama. “It” is- much higher than the opinion concerning Australia.” Mr Brigham had the placing of a loan of £500,000 for the citv while he was in London, and he said that hut for the unfortunate reception of a New South Wales loan which was issued a short while previously, the Auckland loan would have been floated on even better terms than those actually obtained, namely. 5J per cent interest with the issue at £99. It was very pleasant to hear New Zealand spoken of so highly, and be would like to know that Australia was similarly regarded. He was afraid the position of Australia was not known as fully in London as it might be.—Dominion.
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Hawera Star, Volume XLVI, 20 January 1927, Page 9
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207NEW ZEALAND IN ENGLAND. Hawera Star, Volume XLVI, 20 January 1927, Page 9
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