BORROWING PROPOSAL.
[Press Association.] , WELLINGTON, Aug. 4. The conference of; delegates ot hydro-electric i>ower boards yesterday carried a motion tq. -the effect that the Government should; obtain all the .money required for hydro-electric development. \ Mr Lundon (Dunedin),'. who moved the motion, said that the idea -was that the Government could, by borrowing for the boards in general, get the-money more economically than the boards could do^ by borrowing it individually. , ,-, Another remit was that the Cambridge Hbwer Board, in conjunction preferably with other boards, was depirousi of purchasing Horahora. from tlie Govemment. The. Minister said: "You've got two chances of getting' it—your own and Buckley's." Tho remit was withdrawn.
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https://paperspast.natlib.govt.nz/newspapers/MEX19200804.2.36.2
Bibliographic details
Marlborough Express, Volume LIV, Issue 183, 4 August 1920, Page 5
Word Count
109BORROWING PROPOSAL. Marlborough Express, Volume LIV, Issue 183, 4 August 1920, Page 5
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