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ENGLISH £1 NOTES.

MR GOSHEN'S SCHEME. (by elkctkk; tki,ei;kai'ii.— cocykioht.) LONDON", December .'5. Mu GOHCIIKV, addressing the London Chamber of Commerce, urged that his scheme for tin- issue of pound notes should lie strictly scrutinised before legislation is introduced to give it etl'ccl. He hopes to see the ivs'tw of gold in the Hank of England iuerc-ased to up wards of forty milliunv nel expects the public will absorb twelityiive million pounds worth of the notes. The Times approves of the main features of the scheme, though many bankers are il says unfriendly at present, believing the estimates of the amount that will be absorbed by the public is too great by one-half. The Stock Exchange, however, views the proposals with favour.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WT18911205.2.26

Bibliographic details
Ngā taipitopito pukapuka

Waikato Times, Volume XXXVII, Issue 3026, 5 December 1891, Page 2

Word count
Tapeke kupu
122

ENGLISH £1 NOTES. Waikato Times, Volume XXXVII, Issue 3026, 5 December 1891, Page 2

ENGLISH £1 NOTES. Waikato Times, Volume XXXVII, Issue 3026, 5 December 1891, Page 2

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