AUSTRALASIA'S NATIONAL DEBT
The Australasian colonies oolleot'vely owe the respectable sum of £163,209,998, New South Wales heads the list with £41,034,249, New Z <»land taking second plaoe with £.7,687,776. The hat named colony, however, has incurred much of this liability through the Maori War and taking over the debta of the provincial governments whloh formerly existed there. ViotorU owes £30,114 203, and Queensland £20.820,850. Sonth Australia if indebted ro theamountof £18,340,700; Tasmania, £4,026,720; a.d Wesiern Australia, £1,286,000. New Sooth Wales has increased h«r indeb ecm'Sß by £30,000,0C0 slnoe 1874 Now Zealand has inoreaeed hers £17 OC O,OOO during tbe same period, while Victoria has on'y Inourred about £13 000 0)0 m the same time. Taese £30 000,000 of British money spent m New Sou h Walej do not, of oiiurse. cover the money advanced from EngUid to promote pastoral, mining, and other enterprises. Probably thirty million p' uude more « onld uot be too high a figure to set down for tbat.
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Ashburton Guardian, Volume VII, Issue 747, 23 January 1888, Page 4
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161AUSTRALASIA'S NATIONAL DEBT Ashburton Guardian, Volume VII, Issue 747, 23 January 1888, Page 4
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