MEASURE PERFECTLY USELESS
NO ASSISTANCE TO FARMERS. GOVERNMENT FINANCE £l3y Telegraph —Press Association.) PALMERSTON NL, To-day. Following an address by Mr. W. JPoison, M.F., at- Rangiotu last evening to a meeting of farmers held under the auspices of the Farmers’ Union, a resolution was carried as follows: “This meeting is of the opinion that-, as an. aid to the dairy farmer, the Mortgage Corporation Bill is perfectly nor tend to improve security of tenuseless, since it will neither lower the rate of interest, reduce capital liability uie. If, however, the Government is determined to force it upon the community, we urge it to be amended as follows: That all -shareholders’ capital be abolished and that the corporation bonds be State guaranteed to ensure the lowest rate of interest being secured.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HAWST19350309.2.59
Bibliographic details
Hawera Star, Volume LIV, 9 March 1935, Page 6
Word Count
130MEASURE PERFECTLY USELESS Hawera Star, Volume LIV, 9 March 1935, Page 6
Using This Item
Stuff Ltd is the copyright owner for the Hawera Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in