CO129-225 - Acting Governor Marsh - 1886 [1-3] — Page 323

319

W. thease,

Silver

If the serious depreciation of assumed in (ch. Stanley's desk. Takes place immediatly and continues during the whole comency of the traw a Comming at 41⁄2 per cent in

in H.

H. King would be equal to 14 for Insomuch aiden cent torming here.

mich imperrtable that these conditions will

prevail there will be still a clear ad.

centage.

looiing here at 4 pencials

question

so far as this quartum of diferention

み

arned.

Mr Murar.

pements they hold absolutely fort

Then in mi

Jack

I can discurs

to Jor why I hang should alone fall silur ming concutives in the Each find it advantageons to barod

a

in restricted local market.

A

So for them as the matter is to be

Considend on

have no

financial grounds

the Forendness of the

douth

teins expressed in let. Stanley's desp. 1 the 2th Fely lack. Whether thinne

Are

justify

Mer reasons which would the colony in adopting the mother which is not the most (conomical is and Num

ques

in

line,

WIS. 19 Mach 86.

In the despatch of 2 . February (21446)

we showed ( I therich it may be said, conclusive=

b) that the perancial advantage of

borowsing here

at to %

against

brnowing in Hong Kong at 5%

Considerable

12

that the toral borrowing

would with sanctioned.

The Colory now peopores & four the

al 41⁄2 70

went would

and

this amonge

seem, prancially, to h pretty nearly squeal Abonomy ben

et 4%.

Unde kenne circumstances I Kernk weight should be Gavin 26 the wash.

aush of the Waay tray Legislature and community and to the arqument of

the Chief Justice that it is important &

find

✰

hund

losal nivestment for trucker and Exccutors.

then has been a

food deal

1