COLONIAL LOANS. AN IMPORTANT PROPOSAL.
WivLu.vciTON, .Sept. 17. JNJu \Vu&'u.\inu, Lead of lie tirm of WeilfTailh and Company, the London block agents at,d bioUcis, who ib now in NYelHncrtoii, las .submitted to" the Premier an important scheme for the consolidating of the loans of the colonies, which he has also laid before the Treasuiers of oilier colonies. He proposes either to effect a complete financial union by the consolidation of the stocks of all colonies on a 3 per cent, basis, instead of the piesent varying rates : or as an alternative that each colony should agree to consolidate its. loans at 3 per cent, and raise none in futuie at higher rates.
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Te Aroha News, Volume VI, Issue 300, 19 September 1888, Page 6
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112COLONIAL LOANS. AN IMPORTANT PROPOSAL. Te Aroha News, Volume VI, Issue 300, 19 September 1888, Page 6
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