LABOUR AND CAPITAL
IN AUSTRALIA SECURITIES IN GOOD ODOUR AT HOME. By Telegraph—Prosy Association —Copyright (Received May 19, 11.10 p-iu.) , LONDON, May 19. Mr Fisher. Australian Prime Minister, was asked in the course of an interview if tho advent of the Labour party to power had disturbed British investors, and replied there was still an uneasy feeling among some Lll-infonned people. He emphatically declared that tho feax was groundless. It was finite foreign to the Labour policy to attack specml interests, lie had mot a contingent of statesmen, who expressed admiration of tho system of oversea dominion Governments, considering that tho British dominions were absolutely free —yet in mutual attachment. This seemed to him a system of government that might oven load to a wider federation.
Mr McGowan, premier of New South Wales, interviewed, said h-o found, even greater confidence in Australian .securities than lie had expected. People liked tho safer and surer method of providing sinking funds'as secxxrity for investmeats.
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Bibliographic details
New Zealand Times, Volume XXXIII, Issue 7445, 20 May 1911, Page 5
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161LABOUR AND CAPITAL New Zealand Times, Volume XXXIII, Issue 7445, 20 May 1911, Page 5
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