The Road to Ruin.
Under this heading an, (j fxchang« says (government fhjafo beeu occupied during the wbo^e.oiL the prosent session, m, launching; ajiberaes to furl her precipitate this j^rjeat loaa land ' on the road to financ|al ruin. If Sir Julius succeeds i ; : . in.,, passingthrough Parliament hjs pr^nt proposals, the colony will stan^ommit^ ted to" the -following' fresli indebted* ness:— New public Worksloan, £1,500,000 Balance three miHion loan District Railways purchase " 600,000 North lalund Mhk lin% 1,000,000 East and West Coast line n%000,000 Christchurch to Cooki 3ttaifo l?500,00O P^.ifin^idan% ; Tt^ding Coj iIijOOO.OOO '■'■*:, ■ . . • irr. : -:Tt;--Ti;rr.-' " —j '.<■•■■ ;_•■-:. —To this n&y «■ be addea ITtjfe1 Ttjfe Westport, Greyniontl^ ; 'ISapieri €iisborne, Dnnedinji 1 and ' : Wan^nui Harbour Bills, which add 'tip toi*ij«4o,ooo, or a grand total of addiHonai public indebtedness of ciosS-bn^ I''telf'imillioni1 ''telf'imillioni sterling t: ' : ■'•"•-•• '-»♦-. v'l'tj^Ho
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https://paperspast.natlib.govt.nz/newspapers/MS18841108.2.11
Bibliographic details
Manawatu Standard, Volume VIII, Issue 129, 8 November 1884, Page 2
Word Count
131The Road to Ruin. Manawatu Standard, Volume VIII, Issue 129, 8 November 1884, Page 2
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