CABLE NEWS
BY ELECTRIC TKIEGRAPH— COPYRIGHT. AUSTRALIAN FINANSE. DISCUSSED BY HOME JOURNALS. PER PRESS ASSOCIATION. Received 13, 10.25 p m. Lonujn, Februuy 13. 1 The Morning Post, in an optimistic leader, says tte obvious movement commenced by Victoria in favour of retrenchment, is a prelude to othersi taking a s'milar step. The Scotsman says it is high time for] Australia to think of seriously taking in the sails if she wishes to weather the ] next financial storm. Alveady investors aie fiihf.ing shy of new 'o»ns. Trie Times' Sy.iuey correspondent strongly attacks Nude's extravagance, and describes O'fciullivaa's justifications of bis policy as clap-trap for gullible electors. The Daily Telegraph deprecates alarmist.tales of Australasian credit. The economic situation had really improved. Received IS, 10 25 p.m. London, February 13. The Standard stites ihit it is expacted the New ZiaUnd ban will be
raised at 94|.
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Taranaki Daily News, Volume XXXXV, Issue 40, 14 February 1903, Page 3
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143CABLE NEWS Taranaki Daily News, Volume XXXXV, Issue 40, 14 February 1903, Page 3
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