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COMBINATION OF THE BANKS.

....... In point of fact the price of gold cannot ■ fluctuate where facilities are afforded for -• ■ converting the crude metal. . into soye • v reigns ; Knd.it is .precisely >,those,.facilities". that our gold producers ask, for, j and have '•" ji right to obtain. •- - The phrase " monopoly,'':,; seems to • '* have given great offence. ; Butia,spade is always a spade, even though it bewailed •an implement. The engrossers of any -market are monopolists, .and in this sense ! ■ -was .the word applied. . No one will. .• pretehd to ;<leny that the power' of coa||| - mandingthe gold market, so as sales below the standard value^^^ijag - a tolerably real arid v the Quyernment . .are entitled to MMMAt vmum J§P®&' hceo'MCr jt~ what and that 10 \ protected. price. That protection be legitimately afforded by within their reach the same means; getting the full value of their..gold as*. , • fiave been provided by all good Govern- ,. inent.B without exception. ' Southern A Mercury;' .

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/MIC18740116.2.21

Bibliographic details
Ngā taipitopito pukapuka

Mount Ida Chronicle, Volume IV, Issue 254, 16 January 1874, Page 4

Word count
Tapeke kupu
153

COMBINATION OF THE BANKS. Mount Ida Chronicle, Volume IV, Issue 254, 16 January 1874, Page 4

COMBINATION OF THE BANKS. Mount Ida Chronicle, Volume IV, Issue 254, 16 January 1874, Page 4

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