THE MONEY MARKET.
DECLINE IN SECURITIES. STATEMENT. BY Mil ASftCITH. • Received 19 10.53 p.m. I" London, March If. In the House of Commons, Mr Asquith, in reply to Colonel Vincent, said there were many causes contributing to the decline of Government stocks and other high-class securities. These were international in operation." He instanced the necessity of replacing the capital destroyed by the San Francisco earthquake and other disasters. The best remedy, so far as the Government's influence was concerned, was to reduce expenditure, strengthen the sink'ng fund, and avoid borrowing for current expenditure. ,
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19070320.2.12.16
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, Volume L, Issue 59, 20 March 1907, Page 3
Word count
Tapeke kupu
93THE MONEY MARKET. Taranaki Daily News, Volume L, Issue 59, 20 March 1907, Page 3
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in