MISLEADING STATEMENTS
We are told that the Advances to Settlers Department will answer the neod for an Agricultural Bank. Apart from other serious ohjeeiions, this is what the Advanees to Settlers Department has dost, as stated in the 192; Year Book, in ihe five years 1920 to 1924 Applications received £22,537,36* Amount advanced £7,524,465 Amount repaid ... £4,356,737 Of the amount advanced, over one-half was for Housing—£4,soo,ooo. Advances dated April, 1924, are now being dealt with and non* hut an optimist, able and willing to wait, applies for a loan to-day. In the same period, 1920 lo 192 . the New Zealand Government advance J foi Housing £18.720,006. Do not be misted by Ministerial juotations of "authorizations." The above figures are not political "trick” figures, but are compiled by the Government Statistician. The financing of the land is treated as relatively uni.wportaat, because Sh. farmers have not an united voice. Labour is heard, because it speaks unitedly, and £18.750,000 for housing is the result. The Banks are heard because they speak unitedly and they veto discussion of the Reports of the Parliamentary Committees which recommended Agricci urai Banking. The Farraeis wiil br heard when they speak unitedly. Vote for H. J. SWEENTY. the Farmer*' Candidate, and Give the Working Farmer a Watch Dog in Parliament!
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Bibliographic details
Northland Age, Volume 25, Issue 27, 22 October 1925, Page 5
Word Count
213MISLEADING STATEMENTS Northland Age, Volume 25, Issue 27, 22 October 1925, Page 5
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