ONE WAY OF MAKING MONEY.
From a little book published in Melbourne by a professional sweepmaker, it appeared that the amount received and disbursed by him during the last year was £52,000, which at ten per cent commission meant an income of over £5,000 for the twelve months, a much larger sum than that paid to the Chief Justice of the Colony. About race times there was quite a run upon building societies, savings banks and other societies where persons invested their earnings, in order that they might obtain money to put into these sweeps. From a calculation which has been made, it appeared that nearly £250,000 was spent annually in Melbourne in these sweeps, and this large sum came, not from those, who could afford to throw away a pound, but from the savings of our working men,
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PATM18821122.2.18
Bibliographic details
Patea Mail, Volume VIII, Issue 962, 22 November 1882, Page 4
Word Count
139ONE WAY OF MAKING MONEY. Patea Mail, Volume VIII, Issue 962, 22 November 1882, Page 4
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in