COLONIAL LOANS.
(liV Kl.l-X'l'lilU TKLKUlt.UMl.—eoi'YlllliHT.) Lo.VIiOX, July 11. Till; Economist his u frionJly article on the Western Australian loan, and urges borrowing in early stages to rtecme real progress.
The Financial Times, referring to the Western Australian loan, consider* that, the small amount offered is evidence that the risk of failure has been fully considered, ami it warns other colonies against coining into the market ut an early date, us it is not ready for unloading. The Economist, in discussing the financial policy of Victoria, considers that it was providential in tlio best interests of the colony that the public works of the < fillies "Government have been abandoned, but it believes that the increase in flu- tariff will check the yield from tin . Customs,
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Waikato Times, Volume XXXVII, Issue 2964, 14 July 1891, Page 2
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124COLONIAL LOANS. Waikato Times, Volume XXXVII, Issue 2964, 14 July 1891, Page 2
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