THE MONEY MARKET.

Taranaki Daily News, Volume LI, Issue 160, 27 June 1908, Page 5

THE MONEY MARKET.

The New Zeiltond Trade l.cvi' w, !»•" li»bed on Thursday, »>>: editorial?: In onr last issue we lln ' ,v attention the beavv rate at wbicb the l<Ul S* vemine bodies of the Dominion have « tote v«r» been r»i-in S and s,« monev. and we have frequent y con menteit upon the constant and heai<> absorption of the saving of the com jnunitv l>y the (..ncral "OviTiimcnt.. J the present ift-ne w* ? ,v '' . ',npartieulars of the importations "l V<* Calami for the U«t few years wlmb as we read them, |>"i»t •» a s l" rK extravagance on'the of tho com wunitv a s a whole. We think it nm-t that an increase .» «nr importation- at 01 ' ' F r each of two siicces.ive year-. n,t ' increase of population at the of 3 per cent, per annum or k— i- ev travapint. While the valne of onr »n----ports was increasing from y.,,r o U leap- and lionnd- such « « ' •were pn*i-ibl«\ tw* ' ha* now trtki-a in i ' ' clearly call, f«r n bait. «... <> ' » iWf» irt goncrully . is Win# ''>* 1 the r,f which w, rxpr<-t t" >■ t iiuulc m:»i»irV-t in 1 1»<- ■ ,f ; ' *' 11 -' l portal ion* in th«« war tmnir. _ country is oml.Mil.t,■,!!>• -onn. . « w.n a sane reeojinitrtiu of tin •» ■ the position th-v '* ticipatc any wri"iis troiiM".