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Credit For Farmers

(N.Z. Press Association) WELLINGTON. Feb. 12 The implementation by the Government of a positive plan to extend credit facilities to primary producers. especially in areas which had been affected by drought, was urged by the Dominion council of the Social Credit League, which met at Wellington at the week-end. It was wrong, said the council, that the Tasman Pulp and Paper Company, with large overseas shareholding. should be allowed an increased overdraft of £1,000.000 when the farmers who produced most of New Zealand’s overseas wealth were facing increased restrictions of credit as well 8' falling prices and falling incomes.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19620213.2.30

Bibliographic details

Press, Volume CI, Issue 29746, 13 February 1962, Page 5

Word Count
102

Credit For Farmers Press, Volume CI, Issue 29746, 13 February 1962, Page 5

Credit For Farmers Press, Volume CI, Issue 29746, 13 February 1962, Page 5