ANOTHER LOAN.
This Premier says the colony will bo justified in borrowing for main railways, ns soon as the conditions of the last loan arc complied with. What docs bo mean ? The only condition we know of as applicable to the point is that the colony should not go again into tbo money market within throe years. The colony’s threc-ycar term will expire soon after the next session of Parliament. Another loan should therefore be determined on during the coming session, and there is not too much time for consideration. It may not be hoping too much to include a railway through the King-country from Waikato to Taranaki. The native difficulty would be gone at a stroke, by piercing through the heart of the North Island.
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Bibliographic details
Patea Mail, 28 January 1882, Page 3
Word Count
126ANOTHER LOAN. Patea Mail, 28 January 1882, Page 3
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