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HELP TO FARMERS.

LQANS AND MAINTENANCE.

MR. J. G. LATHAM'S PROPOSAL

MELBOURNE, March 11

Afi an alternative to the Commonwealth Government's proposed fiduciary note issue, the Federal Leader of the Opposition, Mr. J. G. Latham, announces his 6cheme for meeting the urgent demands of

This entails taking the task "out of the hands ot the Government and raising nonGovernment finance for farm relief, which would bo controlled by a suitable representative body.

Under the scheme advances would be made on a selective basis to farmers to pu/ in and take off their crops, and to provide maintenance as required.

It is believed that there is sufficient spare money kept in Australia to finance such a scheme, provided it had proper /backing. Mr. Latham said he had already pad favourable dealings with the banks.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19310312.2.60

Bibliographic details

New Zealand Herald, Volume LXVIII, Issue 20820, 12 March 1931, Page 11

Word Count
133

HELP TO FARMERS. New Zealand Herald, Volume LXVIII, Issue 20820, 12 March 1931, Page 11

HELP TO FARMERS. New Zealand Herald, Volume LXVIII, Issue 20820, 12 March 1931, Page 11