THE WAR LOAN.

North Otago Times, Volume CIII, Issue 13655, 24 August 1916, Page 1

THE WAR LOAN.

■ »•— '— POWERS OF LOCAL BODIES., ENCOURAGEMENT TO EMPLOYEES CllUSTGiiuilCll, August 22, The question was raised at a meeting at Lyttclton on Saturday in connection with the War Loan, whether municipalities have the legal right to purchase out of borough funds certili-; rates for their 'employees, Mr L. A, Stringer (.town .clerk) sent a telegram 1 to the Minister' of Finance asking whether tho Government would authoiv ise local bodies to advance cash against; instalments from wages in order to assist the employees to buy certificates,, The Minister replied: "Yes, will authorise, and if necessary indemnify by Aet, next session." . , .-;