ROOSEVELT SCHEME.
INCREASED BUILDING LOANS.
■ • (Received 2 p.m.) WASHINGTON, November 12. President Roosevelt confirmed the fact that one of the most important points in his "business rejuvenation" programme would be legislation to encourage a large building boom.
A unique feature will be the increase of permissible Government loans to private persons from 20,000 to 200,000 dollars per structure.
A reduction of interest rates will be allowed on large-scale mass building.
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https://paperspast.natlib.govt.nz/newspapers/AS19371113.2.62
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Auckland Star, Volume LXVIII, Issue 270, 13 November 1937, Page 9
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70ROOSEVELT SCHEME. Auckland Star, Volume LXVIII, Issue 270, 13 November 1937, Page 9
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