POLITICAL NOTES

Hawera Star, Volume XLVIII, 1 August 1924, Page 5

POLITICAL NOTES

TARANAKI ITEMS. CONVEYANCE OF SCHOOL CHILDREN. (By Telegraph.—Special to the Star.) WELLINGTON, July 31. The Minister for Education has informed Mr.'Hawken (Egmont) that he has approved of a. grant- which will enable a tender to be accepted for the conveyance of children from Glen Road to Manaia. TRUSTS AND THEI FARMER, Mir. |C]orrigan. member for Patea, told the House to-day he represents one of the most productive districts in the world, and yet everybody there was short- of money, despite the declaration of the Premier after a recent visit- that everyone seemed very prosperous in Taranaki. Mr. Corrigan attributed the position of the producers to the operations of trusts, including a financial trust, which was crippling fanners in every possible way People worked seven days a week in dairying, from daylight till dark, and’ the mortgages went on. He knew of a factory with 250 suppliers, eighty of whom never saw their milk cheques, as they were mortgaged to some institution, and they never handled the. money. The price they were charged for money was anything fiom 12 down to 8 per cent. He knew of none with a lower rate. If the Premier was of the opinion that tilings were prosj>erous in Taranaki he could not understand it, because the , P ro „ s P eri ty in Hawera was the building of two new banks so TW C ° go , on exploiting, small M prem,ses ha 4 become too