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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.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS18920116.2.44

Bibliographic details

Star (Christchurch), Issue 7181, 16 January 1892, Page 4

Word Count
137

MONETARY AND COMMERCIAL. Star (Christchurch), Issue 7181, 16 January 1892, Page 4

MONETARY AND COMMERCIAL. Star (Christchurch), Issue 7181, 16 January 1892, Page 4

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