LEAN PERIOD?

King Country Chronicle, Volume XXIV, Issue 3239, 6 December 1930, Page 5

LEAN PERIOD?

ECONOMY WANTED.

SPINNING OUT BOARD FUNDS

When endorsing the sentiments of a settler on the Auahi South Road in respect of the proposed reticulation of that district, "that while he was in sympathy with the scheme the settler did not consider the "present the time to embark on any such undertakings," Mr. C. K. Wilson at yesterday's meeting of the Wairere Power Board stated that the coming period was going to be one in which the strictest economy would have to be practised by the Board, and, in fact, all local bodies. As far as the Wairere Board was concerned, it would be necessary to curtail and do without as far as possible. The small sum of loan money which the Board had remaining would need to be held and nursed, to be used only when the absolute necessity arose. Referring to the. present position of the farmer through the fall jn prices "there is not one farmer in the district perhaps who realises that his income has been curtailed by twothirds," observed Mr. Wilson. Mr. P. D. Smyth, in endorsing the remarks of Mr. Wilson, said that during his 44 years of residence in New Zealand there had not been a period in which the need for economy had been so great as the present.