EARTHQUAKE LOSSES

Evening Post, Volume CXI, Issue 126, 30 May 1931, Page 6

EARTHQUAKE LOSSES

HEL JP ,FOR ACCOUNTANTS

: ThO executive committee of the :Ncw;i.73ealand; Socipty pC Accountants at .its last meutiug recoiveil very sacisfa'ctc Kjd .reports;... regarding tho progress ill the society '& plans for assistance ti* aceouiitants who suffered losses in the irawkes Bay ear'thc[uake. In addition : to donating 250 guineas to the Prime:-.J&linister's fund, the society decided t>» allocato £1100 for tho specific benefit. |pf its own members in tho earthijuake ; trea, and the atlniiriistration of the fun y&- was , left. rin. the hands of .a local co oimittee. Bepoi ts. were received that grants for immedi! itc relief had been -distributed, and tha "t all the practising accountants were ..en clcayouring L to rccommenco business, v/i fila membera who had been in private, 'employment we're- all occupied, though I ;3n many .cases ' lower salaries had foot'n accepted while businesses were ba tng built up. Membctrs of the society's council had been cia pularised. In. regard to a propqSHl..foil assistancG-..bj:.'wa.y .of loan, to those wli'vo were compelled completely to equip (their offices. Acting in accordance wrl.h. tho^ expressions of opinion ;thus --seciftred,., and witli, th& advice of tho local sadministration committee, it mas resoljired by the executive to extend tjio total\,amount available for ITawkes Bay memiipers; to a maximum: of £2000, to be dii'tri'buted by way of loam or grant at itOie!.;discrotion of the administrative committee, the 'understanding betog tha4 v/" loans may be-either free of interest air carrying a very low rate, and! that/ftcy would; bej reviewed in two 'years,''1 * ' ' ' . "' . ' '"• ■ _ . YJt-''.was 5 lnentio'n'ed' that seven' accountants iHiad lost the whole of their office''furni <aars and equipment through tho.isarthqilake." -