BLACK-MAILING BANKS.
The business of banking in douth America, r not as “ safe as it is in London,” must be in finitely more exciting, especially in Peru, where, according to latest reports, the Government, being in want of money, has been compelled to resort to extreme measures to obtain it. Two banks were invited to advance the Government a million or two, and upon their refusing sentries were placed at the doors, with orders to allow money to be ]iaid in, but not to let any he p'.vui out. After holding out for a few days the banks gave way,” Traders are compelled to allow their books to he examined, and to pay a tax of six ] er cent, on their profits, so it is not surprising to read that £ ‘ business is dull."
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South Canterbury Times, Issue 2352, 30 September 1880, Page 3
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133BLACK-MAILING BANKS. South Canterbury Times, Issue 2352, 30 September 1880, Page 3
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