OUR RAILWAYS.
SYDNEY, July 28. Mr Witheford, of Auckland, is negotiating with tho Government of New Zealand, in the interests of a powerful English syndicate, to purchase the whole of the New Zealand railways. In a further telegram to the New Zealand Government, with regard to the purchase of the railways, it is stated that Mr Witheford, on behalf of the syndicate, said it was proposed to introduce the zona system, and urge the introduction of immense capital for pushing on the construction of the railways, thus causing an influx of population and money into New Zealand. WELLINGTON, July 28. The Premier this morning received a cable from Mr Witheford, respecting the sale of the railways, couched in similar terms to that which comes from Sydney. An answer was promptly sent that the proposal was preposterous, and could not be entertained for a moment.
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Bibliographic details
Lyttelton Times, Volume LXXVI, Issue 9488, 10 August 1891, Page 3
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144OUR RAILWAYS. Lyttelton Times, Volume LXXVI, Issue 9488, 10 August 1891, Page 3
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