WHY CAPITAL WAS NOT FORTHCOMING.
fpRESS ASSOCIATION.!
LONDON. March 5.
The Times attributes the ill-sucooess of the mail syndicate efforts firstly, to the high rate of interest which nowadays is obtained on debentures offering much better security than the new mail service, and secondly, to the dubious nature of the scheme when it came to be closely examined. Not all the influence of Sir Thomas Sutherland and others would have- shut off supplies of capital had serious business men thought well of the scheme on its merits.
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Bibliographic details
Hawera & Normanby Star, Volume LIII, Issue 9309, 6 March 1907, Page 8
Word Count
87WHY CAPITAL WAS NOT FORTHCOMING. Hawera & Normanby Star, Volume LIII, Issue 9309, 6 March 1907, Page 8
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