SCARCITY OF MONEY.
Says the Argus : — The want of money is felt at ° r this juncture not only by' individuals, but by the Government. We understand that the Treasurer is more hardly pushed for funds just now than has ever the case : before. Negotiations are going oh with the banks for an advance to be made on the security of the debentures into which the 4 per: cent, stock is to be converted ; but the banks, who feel the financial pressure themselves, can not lend on the terms and conditions, the Government propose.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH18790314.2.14.2
Bibliographic details
Poverty Bay Herald, Volume VI, Issue 650, 14 March 1879, Page 2
Word Count
93SCARCITY OF MONEY. Poverty Bay Herald, Volume VI, Issue 650, 14 March 1879, Page 2
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