CHEAP MONEY.
Bib,— l suppose Mr Haggen uover heard of our second Governor, oommonly called " onr Mad Governor " and paper money issued by him fiom five shilling upwards, and the grand results that followed, viz., bringing wages down from 5a per day to nominally 2s 6d, but really to 2a. The tradespeople had to give paper P.N.s down to three half-pence, and glorious times we had, for though the debentures bore five per cent interest, they soon fell to Ids and nltlmalely to Us in the £1. If Mr Haggen would like to see such glorlouß times again I, for onn, would not, but if he succeeds in celiting onr very Liberal Government to send out bis proposed two or three millions of paper we should sojn have such times back again. I think you have yet a few of the old Bottlers in Napier who can confirm my statement as to the good times we bad with Governor Filzroy's paper.— l am, &c, John Harding. Monnt Vernon, January 17, 1594.
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https://paperspast.natlib.govt.nz/newspapers/HBH18950121.2.23.4
Bibliographic details
Hawke's Bay Herald, Volume XXX, Issue 9993, 21 January 1895, Page 4
Word Count
171CHEAP MONEY. Hawke's Bay Herald, Volume XXX, Issue 9993, 21 January 1895, Page 4
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