DOMINION NEWS

Grey River Argus, 7 December 1932, Page 2

DOMINION NEWS

WELLINGTON BANDS’ BREACHES. I (Per Prpss Association). WELLINGTON, Dm-embe r 6. The New 1 Zealand controlling body decided to re., rimand Wellington Artillery. Royal Naval Reserve. Miramar, and Wellington Boys’ Institute Bands. in consequence of certain i reto lies of the rides at the Wairai:pa contest. The first ami second prize* for the selection contest were awarded to Masterton and Carterton, which tied for third place, and the C and Y {Shield trophy for the win. I,er of tie- test selection, is not to bo awarded. The President of the Association ?Jr Bennett, said the practice of playing una tt’diated bandsmen at ran1< >ts was always a source o| i rouble, especiallv as i ro\ ision was made in the rules for consideration of applna tion for an extra man. in case of ar i ideal or sickness. The breaches a l Aastcrton were neither exception:.! n-»i isolated. It was only a year or Island control was merged into oiici ! body. and it was intended to brook no | | ■ ont inua nee of a pract ice too •otten' FOUND DEAD. WANGANUI. December -I. | f'lemcnl Gregg. aged 2S. an em-| j.lnvce al the single men's forestry; (snip at, Karioi, was found dead on Ih.*| load hrlween Ohakune am! Karioi yes-1 terdav morning. The indications sag-; ges[ that he was knocked down b\- ai niu tor-car. It is surmised that he spent Saturday night in Ohakune, and was <yc I ling nine miles back, to camp when 'lie accident happened. His mother »•? ides in Wanganui. STOLEN MOTORS WRECKED CHRISTCHURCH. December 6. The wreckage of a motor-car subse '■nentiy identified as a vehicle stolen •‘rom the Citv during the evening, was ‘•>nnd at the foot of a precipitous Giiarter-mile slope from the Evan’s Buss road between Sumner and Lyt I rlton. late last night. It had been smashed to matchwood by the fall Th< car was a five-seater tourer, a 1920 model, and belonged to Air F. W Nightingale, of 210 Idris Road. Fenda]! on. 'rhe theft occurred some time ’• fter S o’clock, and the time of its tore 10 o’clock by some fishermen who hoard the noise. j VJILDING SUBSIDY CONDEMNED. (Per Press Association). WANGANUI. December 6. I A reffresentati\ ( ‘ meeting of Wanganui limber and hardwaie merchants t<»|da passed a resolution describing tie* i.'O. ]() bnildi,ng subside scheme as a J'erious error as applied to the erection i o|‘ new houses. The resolution stales: ’* r l hat while the No. 10 subsidy ' uheiiK' as applied to renovations ami I certain classes of buildings is ot asistance, we consider that the scheme |as at | resent applied to the erection of new house's is a serious error. A" v juperficial stimulation of building, notwithstanding its temporary benefit ?•» ■ tJj .* building trade, is far outweighed bv ihc further intensified depreciation, of values of existing properties • o the extent of the subsidy. This seri"US defect, has markedly further disi oanted equities in. house properties ot

. both private ami Government Indding, :.nd also section values. This has un1 po| ulariscd prui erties in the minds ot lenders to the extent, of causing capital . 1, l.c withheld from building assist-1 of intereM on deposits and Go- : \ernme nt securities the menacing ■ of trade and adding to unemployment | At a constructive proposal it is urged that a scheme to permit of a Safe I nssisiance to build through a redemp,tiv(> free of interest mortgage as a? incentive, in lieu of the present gift, is needed t" overcome the defects of 'he present -übsidv gift and restore ; much-needed confidence in the first | mortgage security of property.” I