FEARS OF THE LONDON "FINANCIAL NEWS."
NEW ZEALAND'S CREDIT. BRITISH CAPITAL" WILL CEASE TO FLOW. GREAT NKWSPAPER'S WARNING. [By Telegraph—Renter's Agency.] (Ecc. November 30, 9.30 u.ui.) London, November HO. The "Financial News," writing on th© forthcoming election in New Zealand, says:—"The New Zealand elections are of profound interest to British investors, because of tho prohibition question. Wo believe prohibition will fail, and wo (rust this forecast is correct. Our hope is that the flow of British capital to New Zealand will continue increasing, which certainly will not be the case if prohibition succeeds. Tho carrying of prohibition 1 would bo u (trait shock to investors' confidence, which it mislit not recover for (en years. Wo consider it would bo a serious matter if prohibitionists succeeded in stopping the inflow of that capital which is essential to the prosperous evolution of the Dominion. We hope we will not have to record that New Zealand has decided to take such a disastrous leap in tho dark."" [We T"ceived_ the above cablegram tlimusrlt neuter's ;Wnrv ye>tprdny for publication. but under the rulp* of (lie Press Association cmmol: publish it save as an advertisement.]
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Dominion, Volume 5, Issue 1300, 1 December 1911, Page 7
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190FEARS OF THE LONDON "FINANCIAL NEWS." Dominion, Volume 5, Issue 1300, 1 December 1911, Page 7
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