ADVANCES BY STATE.
MORE LOANS TO WORKERS.
STATEMENT BY PRIME MINISTER. [EY TELEGRAPH. —PRESS ASSOCIATION.] WELLINGTON, Monday. Applications totalling 259 were considered and loans amounting to £221,120 were authorised at a recent meeting of the State Advances Board, according to a statement made by the Prime Minister, Sir Joseph Ward to-day. The numbers of applications and the total amount of the loans authorised under tht respective headings, the Prime Minister explained, were as follows: Rural advances 28, amount £39,945; advances to settlers, 85, £75,730; advances to workers, 146, £105,445. The advances where valuations have been received havo all been dealt with. The Prime Minister added: "The latest figures show a larger number of workers' advances than settlers', the difference being £29,715. The position as a whole I consider to be very satisfactory.
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Bibliographic details
New Zealand Herald, Volume LXVI, Issue 20242, 30 April 1929, Page 12
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132ADVANCES BY STATE. New Zealand Herald, Volume LXVI, Issue 20242, 30 April 1929, Page 12
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