THE IRON INDUSTRY.
I * A BONUS OF £70,000. By Electric Telegraph. — Copyright. (Received December 5, 9.40 a.m.) , SYDNEY, December 5. In the Legislative Assembly there was a lengthy debate on Mr. McGowan's proposal that the Lithgow Ironworks should bo nationalised. This motion was defeated and the Government's proposal to advance £70,000 to the works to assist to develop the industry was carried. A proviso was included that the Government should have a prior claim over the firm's funds in bank to the extent of the whole of the advance.
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Bibliographic details
Taranaki Herald, Volume LIV, Issue 13575, 5 December 1907, Page 5
Word Count
89THE IRON INDUSTRY. Taranaki Herald, Volume LIV, Issue 13575, 5 December 1907, Page 5
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