CORRESPONDENCE.

Hawera Star, Volume XLVIII, 27 August 1924, Page 9

CORRESPONDENCE.

MR MASSEY ON LOANS. (To the Editor.) Sir, —Ma Certes! Your Press, Association publication of our Prime Minister’s remarks on above takes the cake, lias he only found it out? His administration has allowed and encouraged local bodies from the North Cape to the Bluff to borrow, borrow, borrow, and the result is stagnation for the small farmer. All tlie lending channels are dried up that the farmer used to lean on to help him along. Sir Joseph Ward said three years ago borrow £30,000,000 in England and lend it out on gilt-edged first mortgages to the farmers of this Dominion. By doing this the present mortgagors could then help those clown the list, i.e., second and third mortgagees. What a pitiable tale has yet to he told of this Reform Government as 'land helpers. May the day soon come when a statesman will arise and alter our land laws and hanking methods, and strengthen the farmer element of this country. Our forefathers were driven from the lands of their birth, hv obnoxious laws, and we to-dav are perpetuating that old axiom “history reneats itself.” Toryism’s history in England has always' read “line ' the nest of the big fellow.” This voung country is living up to those traditions? I am sorry to say.—l am, etc., COLONIAL.