48 THE QUEENSLAND INCIDENT OF 1866 
between 1905 and 1920. But the flower of prosperity faded, the 
financial grass withered, immediately the streams of capital 
irrigating their roots failed. 
1882: The Indebtedness of the Australasian Colonies in Relation to their Resources; 
Proc. vol. xiv. The Public Debt then stood as below: 
Pusric Dest 18 RELATION TO WEALTH 
N.S.W. . ' 
Victoria . 
S. Australia . 
Queensland . 
Tasmania . 
W. Australia . 
Total  . 
Amount. 
£m. 
Population 
Thousands. 
Debt 
per head. 
£ 
Wealth, 
£m. 
18-9 
22-6 
11:5 
13:1 
1-9 
0-4 
781 
882 
295 
227 
119 
32 
20-35 192 
23-85 181 
25-45 60 
46-8 41 
15-88 16 
12.55 | 5 
684 | 2336 | 29.24 | 495 
Percentage 
public debt 
to wealth. 
31 
12-4 
19-1 
32-0 
12:0 
8.0 
13-8 
‘ Besides the money which has been lent to our governments (including New Zealand) 
more than 110 millions of English capital are even now embarked with us in private 
loans: counting the commerce there are more than 260 millions of your money 
placed with us, and we return you altogether 18 millions a year in the shape of 
interest. One-fifth of the total amount of English capital invested throughout the 
world is already embarked with us.’—Dillon Bell, op. cit,