MISLEADING STATEMENTS

Northland Age, Volume 25, Issue 26, 15 October 1925, Page 4

MISLEADING STATEMENTS

We are told that the Advances tc Settlers Department will answer the need for an Agricultural Bank. 1 Apart from other serious objections, i this is what the Advances to Settlers Department has done, as stated in the c 1925 Year Book, in the five years 1920 to i 1924 r Applications received £22,537,360 t Amount advanced £7.524,465 s Amount repaid ... £4,356,737 t Of the amount advanced, over one-half t was for Housing—£4,soo,ooo. 1 Advances dated April, 1924, are now v being dealt with and none hut an optimist, a able and willing to wait, applies for a loan a to-day. In the same period, 1920 to 1924, the u

New Zealand Government advanced for Housing £18.720,006. Do not be misled by Ministerial quotations of “authorizations." The above figures are not political .“trick ‘ figures, but are compiled by the Government Statistician. 1 The financing of the land is treated as relatively unimportant, because the farmers have qot an united voice, Labour is heard, because it speaks unitedly, and £18750,000 for housing is ' the result. The Banks are heard because they speak unitedly and they veto discussion i of the Reports of the Parliamentary Committees which recommended Agricultural Banking. The Farmers will be heard when they speak unitedly. Vote for H. J. SWEENEY, the Farmers' Candidate, and Give the Working Farmer a Watch Dog in Parliament! j