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A PATERNAL GOVERNMENT.

mp, ‘ Tiic Act in force in Great Britain by which landowners are loaned money by the Government at a long credit and low interest for land improvement purposes is being utilised to modify the distress in Ireland. A public notice lias been issued from tlxo Board of Works, 1 ) uI; lid , embodying the intentions of the Government. In view of the anticipated distress during the approaching winter amongst the laboring population, the Board of Public Works is authorised to offer to landowners in cases falling within any such unions as may be advertised from time to time by authority of the Lord Lieutenant in the “Dublin Gazette,” the following facilities and advantages in obtaining loans under the Land Improvement Acts with a view to early application for the same, so as to afford immediate employment for the laboring class within reach of their homes, viz. :—l. The proceedings, including plana, &c., which the owner applying for a loan has now to undertake at his own expense, will so far be put on the same footing as those which the Board of Public Works are authorised to undertake. The Board will provide surveyors, Ac., where they are requested to do so, and will defray the expense out of the vote of credit on account of loans for public works, Ireland. All moneys so advanced will be added to the principal of the loan, subject to the paragraph next hereinafter following. 2. The postponement of the first instalment of repayment of the loan for two years from the advance, the interest accruing during that period being made an addition to the principal. 3. The extension of the period for repayment from twenty-two to twentyfour years reckoned from the date of the advance, in cases now limited to that period, and to thirty-seven years in those other cases in which thirty-live years is allowed. 4. The advantages will not be extended to loans sought for in respect of buildings, but only to loans for drainage, planting, and other works calculated to afford general employment io unskilled labor which can be immediately set on foot in unions in which a want ot employment shall be declared to prevail, and carried out with the energy which the urgency of the circumstances demand, and to which the advantages offered arc solely due. So far as the advantages offered by this notice reepuro legislative sanction, it is the intention of her Majesty’s Government to apply for it as soon as Parliament re-assembles.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG18800214.2.20

Bibliographic details

Ashburton Guardian, Ashburton Guardian, Volume 1, Issue 61, 14 February 1880

Word Count
418

A PATERNAL GOVERNMENT. Ashburton Guardian, Volume 1, Issue 61, 14 February 1880

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