NEW ZEALAND'S CREDIT.
"GONE UP ENORMOUSLY.'' ■'; , (By Telegraph—Press ABOociation.) 'i " ■ Rotorua, January 22. Tho Prims Minister (the Hon. W. F. Massey) was'; entertained by the Chamber of■ Commerce''this evening.. \\ \ : In a. speech, ho said he was struck by tho. optimism Of the' pcoplo o( the Dominion.' The prosperity of the Dominion depended entirely on settlement, and tho Government intended, to give absolute security of tenure, roads arid railway facilities, schools for children, and telephone communication.' Mr, ■ Massey quoted from a letter received by (i friend of his—a gtmtlctman whoso' name' was esteemed in Now Zealand and in London financial circles—to ..the effect-that sinco tho present Government had, oomo into power tho credit of New Zealand had gono up .enormously in the v City, ( which was tho opinion of largo, houses in dealing in colonial loans, who looked for finance-on'sound and • prudent lines, which was what was wanted'to raise New Zealand to tho first flight of finance. Deferring to revenue/ Mr. Massey stated that during tlio nine months ended December 31, .Customs revenuo had increased, by iH(i,929 over ';ho previous'corresponding period; stamps, «CG8,005; land and income-tax, i3i,77flj ■: and,; railways, by .£177,640. ' . : ,' ■ ' ; '.| ~'.,
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Dominion, Volume 6, Issue 1655, 23 January 1913, Page 5
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190NEW ZEALAND'S CREDIT. Dominion, Volume 6, Issue 1655, 23 January 1913, Page 5
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