COLONIAL FINANCE.
By Telegraph—Press Association —Copyright Sydney, March 3.
The Daily Telegraph, commenting on Sir Joseph Ward’s suggestion that Australia and New Zealand should band together to prevent the forcing down of stocks, says Sir Joseph Ward, however unconsciously, affirms a practical Federal relationship, and admits a dependence which cortainly was not to be inferred from Now Zealand’s general political attitude towards federation. That New Zealand would be atlectcd by Australian financial conditions could have been predicted at any time. This is what has happened. When Australian credit was good so was that of New Zealand ; now that it is bad New Zealand finds itself within tho sphere of the frost.
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Gisborne Times, Volume IX, Issue 831, 4 March 1903, Page 1
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111COLONIAL FINANCE. Gisborne Times, Volume IX, Issue 831, 4 March 1903, Page 1
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