English money in South Africa
Книги

English money in South Africa

Книги

English money in South Africa

Baden-Powell, G. English money in South Africa / G. Baden-Powell. — Б.м. : Б.и., [1885]. — 31 p.: tab.

Аннотация

The United Kingdom is stirred to its depths when it has to provide a war credit of £10,000,000; and this not because there has been the least hesitation of will or doubt as to ability to pay, but merely because, of all other attributes, that which rules - and may it long rule - the nation, is a close scrutiny of the national till. It is this eye to business which enables the nation to enjoy its persistent indulgence in purely charitable outlay. It is always in funds, just as is the careful shopkeeper. But occasionally the nation is led on to forget the totals to which perpetual outlay of minor sums in any given direction commits it. Besides all this, there has been, since the English took over South Africa, at the least £25,000,000 of English money invested in the Government securities of the Cape Colony and Natal, while in various private enterprises there is invested in fixed and floating capital an amount that it is difficult to gauge, but which is certainly to be counted in tens of millions. On all this, it may be said, the English investor has only a right to expect punctual payment of interest; but he is naturally also eager as to the rate of that interest, and is therefore ever anxious to do what he can to promote South African prosperity.
  • УДК:
    339.9(4+6)(09)

Отзывы читателей

0