QUEENSLAND AND LOANS.
DIFFICULTY ON. LONDON MARKET. By Telejraph.—Press Assn —Copyriuht. Received July 21, 8.30 p.m. London, July 20. In reference to the recent speech of Mr. E. Gf. Theodore (Premier of Queensland), a leading Anglo-Australian financier, in the course of an interview, said that any difficulty and loss of credit with which Mr. Theodore found himself faced in London was not due to any misunderstanding or prejudice on the part of financiers or Stock Exchange members, but to a widespread feeling of distrust, caused principally by the passing of the Land Act Amendment Act, 1920, which the financial community of London regards as a breach of faith and a violation of contract "It is unreasonable for Mr. Theodore to say the refusal to lend his Government money is an interference wit* the sovereign rights of Queensland." he added. "The character of the legislation in any country is the governing factor in its ability to raise loans in the London market, and if there were a Government in Queensland which com r manded the confidence of investors here any money for loan would be readily forthcoming."—Aus.-N.Z. Cable Assn
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19200722.2.51
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, 22 July 1920, Page 5
Word count
Tapeke kupu
188QUEENSLAND AND LOANS. Taranaki Daily News, 22 July 1920, 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