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NEW ZEALAND FINANCE.

A CRITICISM AND A REPLY. [Special to Pbess Association.! LONDON, Feb. 12.

Mr Wilson, of the Investors* Beview, writing in the alleges that New Zealand's surpluses only exist on paper. He contends that in three years the colony has slyly increased its debt by a million and a half.

Sir W. B. Perceval, replying to the attacks on the New Zealand surpluses, states that the increased debt of the colony is owing to conversions, which would result in a saving of .£30,000 interest annually.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/LT18940214.2.36

Bibliographic details

Lyttelton Times, Volume LXXXI, Issue 10272, 14 February 1894, Page 5

Word Count
87

NEW ZEALAND FINANCE. Lyttelton Times, Volume LXXXI, Issue 10272, 14 February 1894, Page 5

NEW ZEALAND FINANCE. Lyttelton Times, Volume LXXXI, Issue 10272, 14 February 1894, Page 5

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