LOANS FOR HOUSES.

Auckland Star, Volume LV, Issue 168, 17 July 1924, Page 8

LOANS FOR HOUSES.

"EVERY COPPER PROMISED." APPLICATIONS FOR LOANS. PREMIER PROMISES EYE-OPENER, i (By Telegraph.—Special to "Star.") WELLINGTON, this day. r . Some interesting announcements were , r made by Mr. Massey in the House last d night when he took opportunity to v reply to statements mudo regarding tbe bousing, question and State advances. ~ He said every copper he had promised 0 would be handed over to tlie Advances t Department, and more; also, he ema phatically declared that the money for advances would not be allowed to run . out. . More than three millions would ~ be paid in during the current year. He ,f could not provide all the money rey quired in one month or three months, d as some people thought. There was no c sign of the capital of the Department 0 disappearing. The Department was not .. so far behind as it had been in dealing with applications. r Mr. de la Pcrrelle: You are not up j to September yet. 0 Mr. Massey replied that a great r many people who applied last Septem- . ber bad been supplied with money, but . they were urgent cases. He wasc prepared to consider any urgent case that . came along. He could not deal with [ dozens at a time, hut he had dealt , with a great many. A great deal of ,| nonsense had been talked about the , Department. He could not recall any 1 case where a wealthy man had been „ granted a loan, and he had never heard ° of such a case. But he had heard of a c wealthy man being refused a loan. He „ also referred to an Auckland case,. in ° which it was reported that the Goverv nor-General had been instrumental in "_ securing a loan for a family of eleven. a He was in a position to state that the Governor-General never heard of the' c case, and he himself never heard of it, c but the Department dealt with it, and the money was forthcoming. Ho men- . tioned that be had seen the Auckland ' City Council houses, fifty of which had been erected at a cost of £770 each on £200 sections, the rent being 25/. Hous. ing was becoming less costly than it had been. AVhen he brought down figures next week showing what had been done in regard to meeting applications for loans, he thought they should be an eye-opener.