THE SYDNEY BULLETIN ON OUR BANKRUPTCY LAWS.
Tiik Sydney Bulletin thus makes merry at our expense: — "Long years of Government cxtravagince have taught the New Zealand people how to get revenue out of most things— even other people's misfortunes. Baulur.ptey is a fine art in the Britain of tho bonth, and, after a good many attempts, tho Government have learnpcl how to make it pay. Last year there were IS7O bankrupts in the colony, and the fees paid into the Treasury under the Act came to £15,52G The Government paid for managing and winding up the estates £9918, and, of course, pocketed the odd i'SGOS. The sum wasn't much, but it was on the right side of the ledger, and it was no doubt comforting. Meanwhile the creditors got on an average three shillings and a tarthing in the £1. Let us hope they weie comforted too
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Waikato Times, Volume XXVII, Issue 2242, 20 November 1886, Page 2 (Supplement)
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147THE SYDNEY BULLETIN ON OUR BANKRUPTCY LAWS. Waikato Times, Volume XXVII, Issue 2242, 20 November 1886, Page 2 (Supplement)
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