EMBARRASSED FARMERS.

Auckland Star, Volume LIII, Issue 3, 5 January 1922, Page 4

EMBARRASSED FARMERS.

MEASURES FOR RELIEF. \ ALUER-GEXFRAL TO ADVISE. (By Telegraph.—Special to "Star.'l WELLINGTON", this day.

Financial embarrassments of mortgagors and fanners in the Waikato and King Country is to be investigated by the Valuer-General, who left Wellington for the North last night. This is the outcome of n deputation to the Prime Minister from the Dairy Farmers' Union early in December. The deputation, which emphasised the fact that a large percentage of farmers were in financial difficulties, made proposals embodying reduction, where necessary, of mortgages and of rates of interest. The Prime Minister, while refusing to admit the deputation was right in their statement that scores of farmers have left their farms, said the problem was art extraordinarily difficult one. Members of the deputation suggested that a commission he appointed to investigate and make necessary reductions, but the Prime Minister indicated that he did not think this was needed. He was prepared, however, to give the services of an experienced officer to assist in bringing about an agreement in cases where mortgagee and mortgagor were willing to negotiate. With this proposal members of the deputation expressed satisfaction, as ther said they knew of many eases where the lender was prepared to make some sacrifice rather than have a farm thrown back on his hands. Accordingly the ValuerGeneral has gone North to investigate He will visit Te Awamutu. Hamilton, fc Arolm. Matamata and Te Kuiti.