AID FOR SOLDIERS
INTEREST ON MORTGAGES.
The following question, addressed by Mv. C. J. Parr to the Finance Minister, was answered in the House of Representatives yesterday:—Whether the Government will make provision for the payment of interest on mortgages owing by men of limited means in the Second Division, and whether it would not be possible and oxpedient for the Advances to Settlers Department to take over such mortgages at a moderate rate of interest, and so free many married men with small means of financial anxieties while they are at the frontP Sir Joseph Ward replied: (1) The assistance desired is already being rendered when recommended by the Soldiers Financial Assistance Board, set up under the Military Service Act, 1916, and_will be continued to men of the Second Division. (2) It has been possible ever since the war commenced for married' men to obtain advances from the Stato Advances Department for the purpose of repaying mortgages on their homes.
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https://paperspast.natlib.govt.nz/newspapers/DOM19170719.2.21
Bibliographic details
Dominion, Volume 10, Issue 3140, 19 July 1917, Page 4
Word Count
160AID FOR SOLDIERS Dominion, Volume 10, Issue 3140, 19 July 1917, Page 4
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