A PUBLIC MEETING
"Wilf the Finance Committee take some steps to allow employees to contribute to the Liberty Loan"? asked Councillor J. 0. Shoriand at last night's meeting of the City Council. The Mayor (Mr. J. P. Luke, C. M. G.) | said that he understood the banks were prepared to grant overdrafts to local bodies in such connection. Councillor Hildreth: At what interest? .; Councillor Luckie: It's a'"most extraordinary thing. The Mayor went on to say that the matter would be fully considered by the 1 Finance Committea Opportunity had been afforded'to employees to contribute to a former loan, and ■ repay in small instahnenfe, but few of them had token advantage of it. Mr. Luke said that while on the question he would like to ask the council ■ to co-operate with him in calling a public v meeting, in order to-try and arouse enthusiasm; .!to bring people to see that ■ they, should invest, and urge others to do so too. . ■ Councillor Barber questioned whether, there would be a large attendance ait i such a meeting. The provisions of the loan 'had been ..well advertised, and people would hardly; come to a meeting to hear them explained again. The Mayor said he felt sure tfiat business men would attend the meeting, adding that it had taken a lot of meetings in the Old Country to ensure the success of the loan there.
The suggestion of' itKe Mayor was evenraally adopted, and a meeting will be iCalled sJiortly. . - • . ,
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https://paperspast.natlib.govt.nz/newspapers/EP19170824.2.45.3
Bibliographic details
Evening Post, Volume XCIV, Issue 47, 24 August 1917, Page 6
Word Count
245A PUBLIC MEETING Evening Post, Volume XCIV, Issue 47, 24 August 1917, Page 6
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