THE COMMONWEALTH
PUBLIC DEBT.
FINANCES OF THE STATES. 'A SPEECH BY SIR J. CAHITOTHERS. (DI TELEGRAPH —rRESS ASSOCIATION —COPYRIGHT.) (ltec. July 23, 10.2 p.m.) London, July 23. At a meeting of the Australasian Chamber of Commerce, tho President (Sir John Cookburn) in the. chair, Sir Joseph (Jarruthers doliverod an address on the position and resources of New South Wales. In a spirited defence of Australian finance, ho claimed that the whole interest of tho public debt was being paid by the net earnings of tho public works. Australia was rapidly becoming independent of tho London monoy market. He was confident that the Australian people would not tolerate the Commonwealth's disposition to encroach on the States' proportion of tho ■ Customs. He urged British people to use Australian wines, which were capable of immense development. • He declined to regard' Australia's increasing trade with the East' as a danger or an evil.'
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Dominion, Volume 1, Issue 258, 24 July 1908, Page 7
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149THE COMMONWEALTH Dominion, Volume 1, Issue 258, 24 July 1908, Page 7
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