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MR NEWLYN’S SCHEME.

TO THE EDITOR.

Sib,—Several writers with the initials "J. 8.” have at various times criticised my cheap money proposals. The last cannot be the one who said that “he understood that I had the honour to be the first to propose that the Government should lend cheap money to farmers.” If a man suggested eleven years since that the Government could borrow at 2$ per cent, and at the time pointed out that it would be dear money, he evidently suggested what he knew to be both foolish and imposible. The Homo Government will continue to pay 2f for several years.— I am, &Ci, J. H. NEWLYN.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/LT18950514.2.4.3

Bibliographic details

Lyttelton Times, Volume XCIII, Issue 10653, 14 May 1895, Page 2

Word Count
110

MR NEWLYN’S SCHEME. Lyttelton Times, Volume XCIII, Issue 10653, 14 May 1895, Page 2

MR NEWLYN’S SCHEME. Lyttelton Times, Volume XCIII, Issue 10653, 14 May 1895, Page 2