THE MONEY MARKET
QUKSTIOX OF IXTKRKST. COMPLAINT FKOM XKW SOUTH WALKS. Pross Association—By Telegraph—Copyrijlit. .SYIJXKY, February 4. The Treasurer (Hon. T. Waddell), in 111? course of a speech at (Irafton, comp'.ained that, Xew Zealand and other Stmt's were exploiting the, niurhet by selling tiieir slocks up to 4 per cent. The .New South Wales Government bad not increased (be rate of interest, paid on stork i*u«l liy the 'J'fea.sitry, as itrealised the vital importance, of traders and others keeping the intm>4 rales low. If. however, iK>igh!murin|g l.'overmncnts continued to exploit the market by outbidding them in rates of inti'iwtj they might he forced in .self-defence to raise rales.
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Bibliographic details
Otago Daily Times, Issue 14440, 5 February 1909, Page 5
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108THE MONEY MARKET Otago Daily Times, Issue 14440, 5 February 1909, Page 5
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