THE MORATORIUM.
TO THE EDITOR OF "iHS PBESS." Sir, —I expected that some notice would bo taken of the statements by various Auckland citizens, reproduced from an Auckland paper in your issue of December 27th, urging the early ending of the moratorium affecting mortgages. I hope that you do not intend to endorse their proposals. There has been a general impression in this provincial district that the moratorium would continue untij six months after the signing of the peace treaty, and most people during tne past four years have made their financial arrangements on -this basis. Moreover, it must be remembered that the Government possesses the power to compel investments in the next war loan, and if the moratorium is ended as suggested by the Auckland peonle in the article you reprinted, it will upset matters considerably. I trust that you will do what you can to nrevent the lifting of the restrictions before the expiry of six months following the peace settlement. —Yours, etc., INVESTOR. (Our reprinting of the remarks by the Auckland business men referred to did, not imply our endorsement of their views, which we reproduced' only on the ground of their general • interest.—Ed. "The Press."; i
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Bibliographic details
Press, Volume LIV, Issue 16408, 31 December 1918, Page 6
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200THE MORATORIUM. Press, Volume LIV, Issue 16408, 31 December 1918, Page 6
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