New Zealand's Good Name
;M. — ♦ '- L — Sir Charles Clifford, speaking in England recently, referred to the remarks of the Standard on Now Zealand. Ho said— -This ;. article was a most unfair attack upon, .the financial condition of New Zealand. Professing to be based upon Mr Froude's fascinating but most inaccurate book *" Oceana," it went much further than he did in niisrepresentation. The statement mado by the Standard that New Zealand was payihg interest on her public debt out of loans was absolutely false. Equally false and even more mischievous was the assertion that New Zealand Colonists were prepared to repudiate. - , On the contrary, such a idea would be rejected with indignation. Only , a fool or rogue could have used such language. The J fact was New Zealand had borrowed f or reproductiye works. .It. had perhaps borrowed too much, , and .the policy nbw advocated by colonists who had a stake in the country was to borrow only a moderate sum to complete works now in progress. Time would soon put the colony in a good position, and it was -as solvent «s any State in the world.
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Bibliographic details
Feilding Star, Volume VIII, Issue 10, 6 July 1886, Page 3
Word Count
187New Zealand's Good Name Feilding Star, Volume VIII, Issue 10, 6 July 1886, Page 3
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