TRADING STAMPS.
[BY TELEGRAPH.— ASSOCIATION.] . Wellington, Monday. A deputation of tradesmen in favoui of the abolition of trading stamps waited on the Premier to-day. Mr. Collins, M.H.8., suggested that the Bill to be introduced should contain provision making the issue oi colourable imitation cheques or bank notes illegal. It was stated that the company collated of only one man, and he had made a profit of £3000 in 18 months. The Premier said he proposed to enable small purchasers to participate in discounts. He believed'it would be in the interest of purchaser and seller, and would lend to abolish tno objectionable credit system. He proposed that all trades adopting the system should register and deposit a sum of £10 as a guarantee that purchasers would be Paid a discount, and in cash only. If the Deputation approved he would draft a Bill accordingly.
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Bibliographic details
New Zealand Herald, Volume XXXVII, Issue 11432, 24 July 1900, Page 5
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143TRADING STAMPS. New Zealand Herald, Volume XXXVII, Issue 11432, 24 July 1900, Page 5
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