AUSTRALIAN CABLES.
» POLITICAL SCANDAL IN MELBOURNE. REDUCTION IN FREIGHTS. BANKRUPTCY OF SIR MATTHEW DA VIES [I'KH PBBSR AS-OCIATIO' J Svdnky, \pril 16 In tho course of nn interview the Pre» tnier said a dark cloud of Socialism and Anarchy was threatening the stability of our institutions, and that this sort of thins could not bo allowed to run riot without some combined effort being made to check it Sailed -Alaineda for San Francisco, via Auckland Melbottbne, April lfi A return of tho cable business since the reduction in rates shows that the rovenue derived from the New Zealand service lias decreased 50 per cent, while the revenue from international sources has increased 22*43 per cent. Sir Matthew Davios baa filed a petition in baukruptcy. He attributes bin failure to his connection with certain fiuancial institutions. The liabilities amount to £281,000, of which £253.000 are secured. Toe asserts are stated at £32,700. This Day. The political pamphlet was issued under the authority of the Commissioner of Works and both the Premier and the Colonial Treasurer disclaim all knowledge of it, The writer is an Engineer connected with the Echuca Irrigation Trust. The Premier predicts there will be a large reduction in freights to London next season on grain and agricultural produce.
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https://paperspast.natlib.govt.nz/newspapers/FS18940417.2.17
Bibliographic details
Feilding Star, Volume XV, Issue 290, 17 April 1894, Page 2
Word Count
210AUSTRALIAN CABLES. Feilding Star, Volume XV, Issue 290, 17 April 1894, Page 2
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