British Credit.

Horowhenua Chronicle, 19 March 1910, Page 4

British Credit.

'I'"*' f|ii<--ii'>ii of ill,. , ,■•■ !fi .if (ileal; l!rit:-i!i is i-\,■ iL ii j ■, a t'liod ilu.ll ol attention in Ki.imv it 'the pi'i' : .c'iit tini«. A \\Dti-i of M ,ni,. Hi If on r, ,ii:(ni,ic • i|l,jfc i.N points out Ihal since ili;. Se.iilli Airi.vin "•ar Con.M,ls liv.-> lallcn li;im Si). 4 lo M; whilst i"im in--; thai period the -1-: H lit ii s of iiflicr nalions have ii-;i'ii. h'or in ■■(■.inc. Itit- .inn Kmirs an , IL , ; up and An. iriau Rentes l>. 'I'I"' Writer |:;i S I.) a.llnil. howeivr, thai, in llic same linn. I'Yeiich Rentes have lalh-n .', :iii-! Prussian Consols _ 11. Amu ler writer. qUall V i-lllilient. 1;.].! ■-: lip I | i; . ciiil;j;el.s lor Ureal I'ritain. very strenuously t!i • ( Knn.p .an invest incuts i!:ii|. mil a I- an-, cd anv'■jiili.'-,: lilvi' whai il; -y -li-iiLi iia\e •■one having I i > I ; ,,- | ( ,nn; lienod i)i peace -.hose ci.iini ries have einoye;!. and that the fall in iirifish ('ousels since the .-':»11111 Afri(':l|i wir is a natural cmisequcjire ol their com vcr<inii lir-t hviu '> per cent-, to -21 per ceni-., ;,)!'• lion- to -' |)er cent. Kun her. >;.tti-s ih... writer, the pr,,pc.r m,-; ;e,d ~f ..>|Vimu; tins quest inn 1-, I 1 ,-|- ceriaiii what the yield l:i ;he ']■;: , -{■>,■ is. i'l'i" the country w !:o -e <■■ -unl i.. s •illord the lowest yield !:::■•;. e.f course. the highest credit. T!ii, lai ier argument i.s pM'l-eilv .-.- in: :. and bv that test._ (; iv; ,t 'lii-iiaiii :-iill enjoys the Inches i credii in ! ! :e world. ler ( 'ononis at ;■'■•'! ret urn i.idy ."i per edit., a> auaiiisr hi'jji r pereen- ■ i.-i'es lo he uaillcd on ! !ie -tucks o| t at'i.'r (.':i\-i'nili;e!:!s. .', j: ,' n] { t list t the CJallie Is li.-m c o\ er'ooked is Hun v, h- ;■>■.!-. Hrili-h ti'o\ennileut '■■eenr.'i ;■■■- and xiine railway stocks wiv (in- onlv in-ve'-tnients -.vhi«• r 1 tie. le-,v at oin , time allowed t. ; (ruor"-. ;he list of tre-tee st'.cks l-e:-i-ine censiderahly enhirey I. ; , ~•.■,.;,, |i,,| ; | | ,; l (■■il.oiial i'Sliev 1,,-iiv :,!iv ( liiiihle lor pim-liv" mil -,f iriK: Inuds. I'hiv laci-.r al ; iiie lie - mi -■ |i i t• ■-1 ional.ly li.'.'ii the cau-e ■•■'< ('m-iJs -.hed- | 'Hie.;' nuiiv p. I--:'--. .\'-.-: l-'iiic ■!!'- "Xne'.-'it ; are inl ere ;;>:•■. leir cen•l'eie find, ;I re mor. civ Mi-nl . The ! Genua ii ned i'ru -i. , ; •.< h•: n - to ■ whivh I retelT/d ■■ ■.A »■.;, a .•» \ ::ff"rcd at a uric ■ ,\ i i •;• \-i.d■'s | sli.'.'iitl.V ever i ' p.-v c.-'i , A '\\.--k J :■!.;:> M• i■■ I'jiidi- , ' i" .c en 'il olfer- | ed f;:.'..M!t».(i;iii ol -: . ■,<■.■ ■:•.'••. hilU. i \ lijilicl i i'i'.us v •••! c r ■!■ -i . ■■•' i',>r o>. ei- i • /.(VMi.ll'l'i. ;:'; ! ! ''-.' ||l- ■!' ill*.'!'- ! c-f w-rk; ! :i a; eiri ■ '•' ': C ! per , cent . I