Established 1875 THE Manawatu Times
SATURDAY, JULY 28, 1883. THE AGENT GENERAL ON NEW ZEALAND LOANS.
." Words ure things, and a drop of ink falling lik# dew upon a though fc, pro'.lnocs tli.\t whioh mnkes thousands, perhaps millions t.limk."
Sia Dillon Bell has forwarded a reply to the resolution of thanks forwarded to him by the Dunedin Chamber of Commerce, for his eser* tions m the matter of the million loan, steam service, etc. One clause of his letter reads h,k follows : — " The success of, the million loan very likely appears all the greater by comparison with the la^t financial operation we had to make. That the colony should have been able, only three years afrter giving £120 of stock for £97 10s m cash, po place a 4 per cent, loan at £98 .12s 6d, shows how much its credit has risen m the time. lam very grateful; for the Chamber's appreciation of my own part m the business, but you may depend upon it that the
real secret of your success was the confidence of investors m our good faith, and their belief iv cur deter-« minntion to maintain economy and sufficient taxation as the true security of our finance."
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Manawatu Times, Volume VIII, Issue 326, 28 July 1883, Page 2
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202Established 1875 THE Manawatu Times SATURDAY, JULY 28, 1883. THE AGENT GENERAL ON NEW ZEALAND LOANS. Manawatu Times, Volume VIII, Issue 326, 28 July 1883, Page 2
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