LOCAL BODY FINANCE
GOVERNMENT FUND URGED STATUTORY INTEREST RATES [ Fit Oil' OUR OWN CORRESPONDENT] HAMILTON. Wednesday The opinion that the Government should provide a fund from which local bodies could borrow at tho statutory rate of interest to meet their capital needs .was "R( G. Young at a meeting of£|hoVCentral Waikato Electric-Power £ifco-day. On Mr. Young's, motion it Jj|»s 'rgsolved to forward a remit to Zealand Power Boards' Association's hnnual conference on the lines suggested. Mr. Young mentioned jlenders were very, diffident - aboufeadyaiicing monev at the 3J- per by the Local Government": Loans Board. ' % **'•
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Bibliographic details
New Zealand Herald, Volume LXXIV, Issue 22805, 12 August 1937, Page 15
Word Count
94LOCAL BODY FINANCE New Zealand Herald, Volume LXXIV, Issue 22805, 12 August 1937, Page 15
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