FUNDS FOE HIGHWAYS
LOANS AND MOTOR REVENUE (By Telegraph.—Press Association.) . HAMILTON, This Day. A suggestion that loans should be raised on the security of motor revenue to provide abundant funds for highway construction was mado by Dr. Pinfold (Deputy Mayor) at last night's meeting of the Automobile Association. Ho pointed out that many times the present construction fund would bo available. .
Mr. G. W. Hutchison (secretary of the Auckland Association) said that tho original plan of tho late Government had been to raise £300,000 a year by loan for construction, but as there was a surplus from maintenance this was transferred to construction, and- an. effort was mado to build roads but of revenue. If tho original plan had been, followed plenty of funds -would havo been available, and tho present outcry wonld havo. been avoided..
Tho meeting also discussed nationalisation of the highways.- - Mr. J. Park, an official of tho Auckland Association, said that the difficulty would bo that under nationalisation, tho Highways Board would havo to have power to demand certain quotas from local bodies towards the cost of construction.
Dr. Waddell, of Hamilton, explained that tho proposal from Hamilton was that the Highways Board should control tho main roads and tho local bodies the side roads.
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Bibliographic details
Evening Post, Volume CVII, Issue 51, 5 March 1929, Page 8
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209FUNDS FOE HIGHWAYS Evening Post, Volume CVII, Issue 51, 5 March 1929, Page 8
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