THE NEW SOUTH WALES LOAN
(per press association.)
Wellington, Deo 20.
A press oible was received from New South Wales last night to the effect that the Premier of New Zealand was incorrect in an alleged statement that two millions of the New South Wales loan was still unplaced.
In this connection Me Seddon receii ve a cable from Mr See, Premier of Nt_ South Wales as follows “Reported u cable from Wellington that in course ot political address Sir Joseph Ward said that two millions of the New South Wales loan was still unplaced. Please correct this ”
Me Seddon has replied that evidently a mistake had arisen in reporting or cabling, with the result that the word “unplaced” had been used instead of the word “unloaded”; that the New Zealand Government knew that the New South Wales loan had only been partially subscribed for by the publio as that of New Zealand had been, and that Sir Joseph Ward, as well as himself, knew that the New South Wales loan was underwritten and allotted, consequently the error was apparent. The cable concludes that we know nothing whatever as to your future intentions. The reference made was to the floating of your four million loan.
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https://paperspast.natlib.govt.nz/newspapers/GEST19011221.2.23
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Greymouth Evening Star, Volume XXXI, 21 December 1901, Page 3
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205THE NEW SOUTH WALES LOAN Greymouth Evening Star, Volume XXXI, 21 December 1901, Page 3
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