THE NEWMARKET LOAN
GOVERNMENT APPROACHED. Thb position of affairs in connection with the Newmarket Borough Council' i financial dilemma remains unchanged. Efforts are being made to induce the Government to guarantee that the £3000 which the council requires to finish off its streetimprovement work shall be forthcoming soon, eo that in the meantime the council ' can arrange for an overdraft with, its .' bankers. No definite reply . has been re- ' ceived, however, from Wellington. Yes- ' terday the Prime Minister telegraphed as ' follows :—" Your telegram re loan money ' received. Am communicating with Minister in charge of Department." -j ' The Hon. W. H. Harries also tele- ' graphed—" Your telegram received. I ' am making inquiries. Will advise you later ' as to position." , Mr. A. M. Myers, M.P., who was also 1 communicated with, sent the following message:—" Have wired Hon. W. Eraser, ' Minister for Finance, money urgently re- ' quired, and asked him, if possible, to see - his way clear to authorise, . ' Mr. £. Teed, the Mayor of Newmarket, , told a Herald representative last night < that until the committee had • further , word it could not decide how many men, , if any, were to be paid erf to-day. \
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Bibliographic details
New Zealand Herald, Volume L, Issue 15234, 22 February 1913, Page 5
Word Count
191THE NEWMARKET LOAN New Zealand Herald, Volume L, Issue 15234, 22 February 1913, Page 5
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