MONETARY AND COMMERCIAL.
■» [Special to Pbebb Association.] LONDON, Jan. 14. The Shipping Federation is considering the advisability of entering into an alliance with the mining and manufacturing industries to establish a mutual defence. Jan. 15. Sir J. Pender, Chairman of the Eastern Extension Telegraph Com- • pany, expects that the year's returns of reduced cable rates to Australia will show that the step was fully j justified. The London and Westminster Bank is issuing the New South Wales Treasury Bills, but is not ' offering them formally to the public. i The Daily Times states that the i future borrowing of Australia will be ! easier, and that the colonies are less j impatient for direct taxation.
SYDNEY, Jan. 15. The proceedings to te3t the legality of imposing duties before the Customs Bill is passed by Parliament have been abandoned.
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Bibliographic details
Star (Christchurch), Issue 7181, 16 January 1892, Page 4
Word Count
137MONETARY AND COMMERCIAL. Star (Christchurch), Issue 7181, 16 January 1892, Page 4
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