THE MELBOURNE LAND BOOM.
SWEEPING* CHARGES. [Peu PEEBB ASSOCIATION.] London, January 12. The " Statist " warns English inv,eators againot the land inflation m Victoria. It publishes a letter from a prominent man m Melbourne, stating that m companies formed for the purchase of land, vendors became provisional directors, and subsequently retired. Members of Parliament were involved m the affair, and new railways were authorised with a view to buying land, only to re- sell at a profit. The letter oharges Government with utilising knowledge of State secrets, and asserts that there was no one m Parliament to expose the transactions, as most of the members were m the swim, A private letter received by tho manager of a leading Bank predicts that a collapse worse than the Bank of New Zealand is impending.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/AG18890114.2.11
Bibliographic details
Ngā taipitopito pukapuka
Ashburton Guardian, Volume VII, Issue 2036, 14 January 1889, Page 2
Word count
Tapeke kupu
132THE MELBOURNE LAND BOOM. Ashburton Guardian, Volume VII, Issue 2036, 14 January 1889, Page 2
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in