NEW SHARES
COLONIAL SUGAR COMPANY’S PROPOSALS INTEREST IN POLITICAL CIRCLES United Press Association— By Electric Telegraph—Copyright (Received October 25, 9.40 p.m.) SYDNEY, October 25.
Questions were asked in the Legislative Assembly to-day regarding the motives of the Colonial Sugar Company in distributing new shares and increasing capital.
The Minister of Local Government (Mr Spooner) promised to discuss with the Premier (Mr B. S. B. Stevens) the advisability of suggesting to the Federal authorities at the next Premiers’ Conference that the financial affairs of this company be investigated to ascertain whether the people of Australia are paying an excessive price for sugar.
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Bibliographic details
Timaru Herald, Volume CXXXVIII, Issue 19940, 26 October 1934, Page 9
Word Count
101NEW SHARES Timaru Herald, Volume CXXXVIII, Issue 19940, 26 October 1934, Page 9
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