TOO HEAVY TO BEAR.
PUBLIC DEBT £l4O PER CAPITA. LOCAL BODIES SHOULD GO EASY. (Special to “Tribune.”) Wellington, July 30.. “The public debt of’ this country stands at £550,000.000 carried by a population of 1} million people,” said the Hon. C. J. Parr during the financial debate last night. The Minister said his figures included borrowing by local bodies, who. he urged, should pursue a far more prudent policy in this resnect. confining their borrowing principally to drainage and waterworks, and perhaps tramway extensions.
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Bibliographic details
Hawke's Bay Tribune, Volume XIV, Issue 198, 30 July 1924, Page 6
Word Count
84TOO HEAVY TO BEAR. Hawke's Bay Tribune, Volume XIV, Issue 198, 30 July 1924, Page 6
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