Page 3 Advertisements Column 2

Gisborne Times, Volume VIII, Issue 475, 16 July 1902, Page 3

Tho most noticeable assertion in tho Financial Statement is that public debt was increased by £3,375,202 during tho financial year, bringing the total up to £51.837,202, quite a respectable score for a self-reliant, non-borrowing Government. Of course it is impossible to carry on at tho present break-neck pace without again resorting to tho loan market, therefore wo have the refreshing intelligence that a further loan of £1,750,000 will be asked for, and as the last one cost -1 per cent., it is hard to say what tho prico of the contemplated loan will be. It is said that a portion of the monoy will bo borrowed locally, but we very much question whether it can be thus obtained. Wo very much fear that tho Homo money market will view with a critical eye the fact that our obligations are piling up at an alarming rate, and no doubt the Colonial Treasurer foresaw this when ho stated that an endeavor would be made to encroach on the local market for money.—The Standard. Old Age Pensions in this land Have proved a marked success, They give the old a helping hand, And keep them from distress. There’s only just one other thing That’s needful to ensure Sound lungs, that we the praise can Of GREAT PEPPERMINT CURE.