THE PREMIER IN AUCKLAND.
NEW ZEALAND'S FINANCES
Press Associati'.m. Auckland, December 8. Sir Joseph Ward arrived this morning i'or the purpose of selecting one out of five proposed sites for the new Auckland Post Office. He returns to-morrow, and will visit Auckland again about January Jstli, remaining in the district about a month. The new Post Office will be erected on the railway station site. It will be an imposing building with a 212 ft. frontage to Queen street and 150 ft. depth, and is estimated to cost £85,000. Provision will be made for a new railway station immediately behind the Post Office. . In an interview the Premier stated that the financial crisis in America had not affected New Zealand. All the million loan for public works had been. secured on satisfactory terms, and £800,000 for the purchase of gilt-edged securities in London had been obtained without going on the London money market. Ibe financial position of the Dominion hail never been stronger than at present. The new tariff was having a very beneficial effect on trade. No established industries had been affected, while already three new industrial concerns were about to commence as a result of its operations.
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Bibliographic details
Manawatu Times, Volume LXIV, Issue 280, 4 December 1907, Page 2
Word Count
199THE PREMIER IN AUCKLAND. Manawatu Times, Volume LXIV, Issue 280, 4 December 1907, Page 2
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