THE BREAKWATER LOAN.
SIE, — Can you inform roe whether the late loan of £'200,000 for finishing the breakwater can be need for other purposes, or invested at 5J per cent interest on freehold security, which would be preferable to throwing the money in the aea? The cost of repairing the work after every heavy sea will in a few years swallow all the last loan.— l am. &a, Vkkax. Napier, May 13, IS9I.
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Bibliographic details
Hawke's Bay Herald, Volume XXIX, Issue 9680, 15 May 1894, Page 4
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73THE BREAKWATER LOAN. Hawke's Bay Herald, Volume XXIX, Issue 9680, 15 May 1894, Page 4
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