SENSITIVENESS OF CAPITAL.
The sensitiveness of capital in makers whera there is a possibility of labour trouhles occurring is exemplified by the experiences of a Christchurch man who recently put before a number of people a proposition for opening up a seam of coal in a locality within easy connection with a portion of the Government railways, and consisting of a class of coal for whicb there is a Rood demand. Many of thesa to whom the proposal to invest in the proposition
was made, while recognising that as a business proposition it was excellent, declined to embark in it, giving as their reason that they were not putting money into enterprises which involved the employment of labour, even though the return from the investment promised to be a handsome one. They were content with the lower rate of interest obtainable from mortgages rather than the higher rate that would result from investment in industrial concerns.
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https://paperspast.natlib.govt.nz/newspapers/WAG19100805.2.8.1
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Wairarapa Age, Volume XXXII, Issue 10059, 5 August 1910, Page 4
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156SENSITIVENESS OF CAPITAL. Wairarapa Age, Volume XXXII, Issue 10059, 5 August 1910, Page 4
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