LOAN FOR RELIEF
£10,000,000 SUGGESTED
CHRISTCHURCH RESOLUTION
(By Telegraph—Press Association.) - CHRISTCHURCH, July 26. A public meeting convened by Dr. H. T. J. Thacker carried a resolution tonight that representatives of_the Public Works Department, the Highways Board, the Municipal Association, and the chairmen of ■ the Counties' Association and the Unemployment Board be asked to • consider the whole problem of the unemployed. It was suggestef that consideration be given to the replacement of the present •Unemployment Board by district provincial boards, who would receive unemployment finance according to population or the number of regis- ■ tered unemployed in the district; that I the. raising of an internal loan for unemployment of, say,.ten millions should J be considered; that the present tax! should. be reduced to 3d in the & or such sum as would be required to pay interest and sinking fund over tho period required to pay off the loan at 3 per cent, interest and 2 per cent, sinking fund, tho money so raised to be used in necessary public or local body works which could not now bo carried on for lack of money.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19340727.2.43
Bibliographic details
Evening Post, Volume CXVIII, Issue 23, 27 July 1934, Page 5
Word Count
183LOAN FOR RELIEF Evening Post, Volume CXVIII, Issue 23, 27 July 1934, Page 5
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