MONEY AFTER THE WAR.

Lyttelton Times, Volume CXVII, Issue 17230, 26 July 1916, Page 8

MONEY AFTER THE WAR.

MINISTER'S PESSIMISTIC ANTICIPATION.

[From Our Correspondent.] WELLINGTON, July 25. The statement that no votes for public works will be provided on the Supplementary Estimates was made by the Hon W. Eraser to-day in reply to a North Auckland' deputation. " There is no money, not one pennyi All tho money I had to spare for public works was provided for in the Public Workh Estimates," he announced. In answer to a question whether he would promise, a subsidy after the war for a bridge, ha declared that he could make no promise whatever, as money for public works purposes might not be available after the war under 8 or 10 per cent.