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■ Speaking at the Bankers' Association dinner in London in. Stay, Mr, Asquith referred to the fall in the price of Cousols, and said: "In the first place, as no one knows better than you, there has been an enormous increase during \(ho l«st 20 years in the area which is legally open to, and which is taken advantage of by. h-iistoes for the investment of trust funds. 'That area is -now estimated to amount to something'very nearly approichini; «£2,0n0,f100,b00. In ths next place we cannot JRiiore—it would he unlair ar.tl foolish to ignore—the domaud for a higher yield in tiio rate of interest: which always accompanies an era of trade activity, particularly when, as is the case now, v;c are -witnessing every year the opening up of new fields in all parts of the world both for investment and exploitation. Thirdly, and here I am comins to perhaps a still more delicate aspect <:', the subject, but one from which, since liie chairman has challenged 'me, I must nnt shrink, and I ask you to observe 'that (ho fall in the market value of Government securities has taken place, and markedly taken place, during ,i series of jtars when Parliament lws made provision at a far greater rate than was ever K'l.own before for (he reduction and extii.clion of our capital liability." Many a mother knows the value of a few' drops of "XAZOL" on baby's nightgown when it has lx?en hot, feverish, and restless, suffering from a Cold, and how it luis quickly soothed tho little one. Having once used it, no mother would be without it Sold everywhere - , Is. Gd. a bottle.— Advt. The destroyer l'hoeni.t, on arriving at Harwich on June ij, reported that she had run down an Knglfob. trawler off Southwold nt 3 a.m., sinking hei , , but vcßouiuir the .crew of Uuse*

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19120726.2.101.4

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 5, Issue 1502, 26 July 1912, Page 8

Word count
Tapeke kupu
306

Page 8 Advertisements Column 4 Dominion, Volume 5, Issue 1502, 26 July 1912, Page 8

Page 8 Advertisements Column 4 Dominion, Volume 5, Issue 1502, 26 July 1912, Page 8

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