A PITHY SUMMING UP.
The correspondent of an exchange v/rites stating, within small compass, the causes of the present depression are as follows : — The enormous sum going out for interest £15000,000 ; the cream of the dish goes to England, we keeping the skim milk. Stop borrowing ; stop importing for a time ; reduce the expenditure by half ; encourage people with some means to come to these colonies ; open up the lands m a thorough manner ; let the Government send out several efficient prospecting .parties for gold — there w plenty 01 gold not yet touched, The passage money to these colonies is far too high tor a six week's passage. Should be reduced aa follows : First saloon, £40 ; second saloon, £20 : third anlnon JSI2. •
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Bibliographic details
Manawatu Standard, Volume X, Issue 1505, 13 November 1885, Page 2
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122A PITHY SUMMING UP. Manawatu Standard, Volume X, Issue 1505, 13 November 1885, Page 2
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