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. ’When the accounts of the County Council were being passed tor payment on Friday a councillor drew attention io the fact that in no instance X a discount allowed. If a private individual purchased goods from the same firms he was allowed 5 per cent, discount. He considered that the council should receive similar treatment., He favoured deducting the discount! irom the accounts. The remarks did not meet with the unanimous approval oi the council, but it is quite likely that the “experiment” will be tlried. Another councillor said that he could not understand why a ratepayer who paid his rates promptly did not receive an advantage over the man who waited until the last! moment before paying, and thus escape the 10 per cent, penalty. By encouraging ratepayers to pay promptly a considerable amount of interest on the bank overdraft would be saved by local bediea.—“Taranaki Herald.”

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https://paperspast.natlib.govt.nz/newspapers/DOM19210111.2.18

Bibliographic details

Dominion, Volume 14, Issue 91, 11 January 1921, Page 4

Word Count
148

Untitled Dominion, Volume 14, Issue 91, 11 January 1921, Page 4

Untitled Dominion, Volume 14, Issue 91, 11 January 1921, Page 4