EAST COAST RAILWAY
THE WAIHI-TAURANG A SECTION" GOVERNMENT'S BORROWING POLICY DEFENDED. (United Press Association.) WAIHI, March 11. The first sod of the Waihi-Tnu'-inga section of the East Coast railway v.'as turned by the Premier this afternoon. There was a large local gatheri-ig, all sections of the community turning out. Sir Joseph Ward- defended "the borrowing policy of the Government on the ground that the expenditure demanded by the -need for the development of the country, and the continual demand for more rapid construction of railways, could be satisfied only by borrowing. During the period that he had been Premier the expenditure in the North Island exceeded by £1,769,449 that in the South Island.
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https://paperspast.natlib.govt.nz/newspapers/NEM19120312.2.42
Bibliographic details
Nelson Evening Mail, Volume XLVII, Issue XLVII, 12 March 1912, Page 5
Word Count
113EAST COAST RAILWAY Nelson Evening Mail, Volume XLVII, Issue XLVII, 12 March 1912, Page 5
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