FEDERAL NOTE ISSUE.
DENOUNCED BY A CORRESPONDENT. By Cable.—Press Association. —Copyright Received August 5, 9.30 p.m. London, August 5. The Times, in its financial supplement, says its Sydney correspondent condemns the Federal note issue, partly as a whim and partly a» a desire to borrow with 7 out appearing to borrow. Since the bank cannot afford to store notes and gold, the issue will have the effect of duplicating the gold stock which enabled Australia to ship twenty million sterling after the 1902 drought.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19100806.2.32
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, Volume LIII, Issue 101, 6 August 1910, Page 5
Word count
Tapeke kupu
84FEDERAL NOTE ISSUE. Taranaki Daily News, Volume LIII, Issue 101, 6 August 1910, Page 5
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