Volume 60: William Campbell letters, 1846-1894: No. 528
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Home/Macarthur family papers, 1789-1936 [First Collection]/Series 06: Emily Macarthur correspondence, 1838-1879, Macarthur-Onslow correspondence 1846-1929, and other correspondence and papers, 1815-1894/Volume 60: William Campbell letters, 1846-1894/Volume 60: William Campbell letters, 1846-1894: No. 528
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Transcription
[Page 528]
and depreciation in the value of real property I have been heavily hit, but thankful to say that my properties and stations are unencumbered, and better times may soon come round again, though prices of grain & butchers meat and most other commodities are likely to continue comparatively low, and the rate of interest is so extremely low, that Capital is difficult to invest. I think wool will soon improve in price and that being the main staple of Australia it may have a good effect in restoring prosperity generally. It is difficult to invest money without more risk, but
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