COUNTY LOAN PROPOSAL

Nelson Evening Mail, Volume LIV, Issue LIV, 6 December 1920, Page 4

COUNTY LOAN PROPOSAL

THE essential {'act in tlie Waimea County loan proposals is that the money is wanted for absolutely "necessary works which will have to be carried out sdoner or later (sooner rather than later), whether authority to borrow is given or not. The alternative is a big increase in rates, the forcing of the present payers to provide far more than their fair share in expenditure that, will benefit the country for at any rate the next fifty or sixty years, in the circumstances the loan is the only sensible way of dealing with the matter. The bridges fast nearing the end of their service- 1 able days, and the only sane course is j to renew them before the cud comes, I an occurrence that may be painfully sudden. In addition, the Council has ■ also been promised a Government sub-j sidy of £25,000, which is not available; if the work is carried out by way oi ; overdraft. So far as the loan for roadmaking machinery is concerned, this is a*oroposal that appeals to us vastly For it is soundly economical. Hie times demand labour-saving devices of every description—not that a single man will be thrown out of employmerit, bill that the effectiveness el taco,,,- may be increased. ‘‘Penny w»o ami pound foolish” nms tie o rs. . in*. which bar, a definite app hero, Wo trust the people the necessary authority, am . ‘ Council rvhcu it Rets its doone bi" jobatatimo, on I The proposals are *«"■• 0 fair-minded consideration o, . I ratepayers, and ft.W» ‘ h “; needed ami so cssentwllj som, that «■« cannot eonceivo an evervvhelnlinC majority in favour. - - *i ■ 1 ■ *‘ J ~~ _ ca r\ A