MORTGAGE VALUES

New Zealand Herald, Volume LXXIII, Issue 22532, 24 September 1936, Page 13

MORTGAGE VALUES

/ HOUSE PASSES BILL

QUIET FINAL STAGE • TAXATION PROPOSALS •' /. LEGISLATION INTRODUCED [by TELEGRAPH—srKCIAL REPORTER] WELLINGTON, Wednesday The passage of the highly complex Mortgagors and Lessees Rehabilitation Bill through its final stages was the principal feature of business transacted in the House of Representatives to-dav. The various Amendments introduced by Governor-General's message lost Friday were all incorporated in the bill and the completion of the committee stage and the third reading tonight brought to a close consideration of tho most complicated piece of legislation of the session. After a late sitting on the Public Works Statement and Estimates last night members were not disposed to be unduly talkative to-day. Actually it was after two o'clock this morning before the Public Works Estimates were passed and the the House -adjourned, and in view of the fact that there was n Parliamentary luncheon to the Canadian statesman, tho R'j. Hon. R. B. Bennett, to-day's sitting clicl not commence until three o'clock this afternoon. Practically tho whole of tho afternoon sitting was given over to a consideration of tho r<;ports of Select Committees, most attention being paid to recommendations regarding proposals for improvements in tho Cook Islands fruit trade. Members of the Parliamentary delegation which recently visited the islands spoke at length, and the Prime Minister, Mr. Savage, assured the House that a satisfactory marketing scheme would be >• prepared. '■ The committee stJigc of tho Mortgage Bill was resumed ten minutes before the dinner adjournment and was continued during the evening sitting. The remaining 38 clauses of the bill were passed without a division and with very little in the way of fresh argument. The third reading was only a formality and the House rose at 10.30 p.m. During the evening the Land and Income Tax Amendment Bill was introduced by Governor-General's message. It provides for several matters of detail in addition to the taxation proposals outlined in the Budget, perhaps the most important being an arrangement whereby income tax may be payable by instalments on dates to be fixed by Order-in-Council. The bill was read a first time. FORESTRY POLICY .TIMBER AND PROTECTION STATEMENT IN COUNCIL [BY TELEGRAPH —PRESS ASSOCIATION] ti WELLINGTON, Wednesday Replying in the Legislative Council to-day to the Hon. C. J. Carrington (Auckland), the Leader of the Council, the Hon. M. Fagan, said that indigenous forests and exotic forest plantations controlled by the State were sufficient to ensure an adequate supply of timber for a century. It was not the policy of the Government to sell timber in protection forests which were necessary to prevent soil erosion. The State forest service was taking all steps to safeguard the present forests, said' Mr. Fagan. The Government was also, taking steps to perpetuate kauri forests and regulate the supply of kauri timber to the market. SALARY RESTORATIONS : ; - DEFENCE DEPARTMENT STAFF ADJUSTMENTS EXPLAINED [by TELEGRAFH— SPECIAL REPORTER] WELLINGTON, Wednesday j The exclusion of certain classes of employees in the Defence Department i from recent salary restorations was ro- i ferred to by Mr. H. Atmore (Indepen- < dent—Nelson); in an urgent question to the Minister of Finance, the Hon. W. Nash, in the House of Representa-tives-to-day. > The Minister said all the general re- ] ductions made under the Finance Act, 1931, and the National Expenditure Adjustment Act, 1932, had been restored as from July 1. Apart from these . general restorations there had been certain adjustments in the pay | of members of the Defence Department and some of the staff were transferred from a military to a civil basis. It was not intended to restore these adjustments, as the pay was in line with other pay for similar services.. FARM LABOUR \# 1 ACUTE SHORTAGE DENIED i / REPLY TO COMPLAINT " J " c [it TELEGRAPH —SPECIAL REPORTER] y WELLINGTON, Wednesday i A denial of allegations that the a Labour Department was unable to satisfy applications for farm labour was made by the Minister of Labour, . the Hon. H.'T. Armstrong, in reply to . an urgent question asked in the House ,j of Representatives to-day by Mr. J. £ A. Hoy (Opposition —Clutha*. Mr. Hoy asked the 'Minister what £ •®teps he proposed to take to relieve g the acute shortage of farm labour in the South Otago district. This was an Exceptionally busy season of the year j. and farmers who had applied to t.hp department had been informed that e no labour was available in Dunedin or Invercargill, notwithstanding the fact c that hundreds of men were on sus ten*nce in those cities. In one small dis- r trirt alone 14 men could be placed ''Allegations of an acute shortage of •arm labour have been made on prcv 'ous occasions lately in the House," replied the Minister, "and I have emphasised that my department has jflcilitiea for assisting farmers to obtain labour. They should apply to the "Wrest certifying officer and every effort will bo made to satisfy their ro-* ( guests provided the wages and conditions are comparable with the standard 'aid down in the Agricultural Workers 1 Act.' I know of no application from a t fanner offering those terms which my l department has been unable to satisfy, t 'lf the position in South Otago is as j «cute as has been stated it must have i developed with surprising rapidity, be- i S® Use I bad an official census taken on t September 16 for all applications for s labour on hand at that date in 1 ew Zealand. The ceiu»«is docs not hear < the allegation of the mem- c u Clutha of acute shortage in n V IC district he mentioned or of my «' eji.irtrnont's inability to satisfy applic