VICTORIAN LOAN.
(UV ELECTRIC TELEGRAPH.— COFYWGHT.) Loxnox, April IS. TIIE Statist states that the result of tho Victorian loan arises from that colony truckling to the working classes, which has produced a feeling of distrust in England. The direct cause of failure it attributes to the high price at which the minimum was fixed, and the constant borrowing indulged iu by Victoria. The Economist considers the failure of the Victorian demands, and says it would have been quite right had the Australian banks underwritten the loan. It adds that no colony can now expect to borrow as freely as formerly.
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Waikato Times, Volume XXXVI, Issue 2928, 21 April 1891, Page 2
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100VICTORIAN LOAN. Waikato Times, Volume XXXVI, Issue 2928, 21 April 1891, Page 2
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