MONEY MARKET.
TUB OLD TALE ABOUT SOCIALISTIC, LEGISLATION.
By .Telegraph—Press AssociationCopyright. LONDON, March 2.
'Mr Kinloch Cooke has contributed an article to, the Empire 'Review, in which ho reports cases whore testators have excluded Australia from the iiold’’ of investment for thoir estates,, in, consequence of Socialistic legislation.
MELBOURNE, March 3. I Mr Lionel Robinson, a London I sharebroker, ,vihor, is .visiting AuslraI lia, says there is'a general improve l I mcirt in Australian!, stock. It apI peared as If the Governments would I bo able bo convert all their loans as I they fall .«bje, at four per cent. It 1 would no doubt he a great advantage lif all loans were consolidated and a sinking fund provided. Considering the legislation passed I by the Commonwealth.. Federal . secutityi would not he much superior to' that of the States. There was, lie said, a feeling that although the Southern Slates should be kept a white race, biaok labor, was necessary; for the development of tropical regions.,
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Bibliographic details
Gisborne Times, Volume XVII, Issue 1395, 4 March 1905, Page 1
Word Count
166MONEY MARKET. Gisborne Times, Volume XVII, Issue 1395, 4 March 1905, Page 1
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