CHEAP MONEY AND BOR BOWING.

Otago Daily Times, Issue 10267, 26 January 1895, Page 3

CHEAP MONEY AND BOR BOWING.

A FARMER WANTS TO BOBROW. (An Intebvibw—Oveekbakd bt Ova tth VISIBLE P.EPOETBB IN A. CBBTAW TtJWS Ul No Loan Land.) Fanner •. I« this the Advances fe&etUn Office? Official (who has been busily readiDf Jfc"& |A. Millar's speech): Xes, this iff tbe-officel i what can I do for yon ? ! Farmer: Iwan*-l» bonom some-money. Official: I an airaid yon hav»«ome to-fee wrong office—we laawe, nothing to do with borrowiag. Farmer: I thought you «aid Out wb»H&b Advances to Setttere Office, and that if when I understand farmers borrow money. Officialt There yon aw wrong. Ifr=is tbs Advameea to Setters Offlee, bat Oafe-tai nothing to do wito borrowed money. • Farmer: Well, I wantto bottow. OffieiaK: D* yeu-P , - Fanner: Tea. Official: Wh»t do jmv«npOM3Mto«lflk tha munegr y«o want ? : . Fanner: I mcepasa-ta lay ft-oat v*-***epK>-dootira " wock>-t»MU «4aOMad dfeiry^*^ toboyeowi. Official: Ab! Uim, yon ace, ma ■»«* barrowisc BMaey. AU^naaey aataned ta&wtm yrednetiTe works k aot lMmt«i« iHs anqpfr received as am advaaoa. lbs only money borr*w«d U aaney spent mfSfiils deot»«c^co •taer nnrepr»ioctiTe warks. ' Famer: Came, n»w, yoa dontineazrtiias? : Official: Most eartainly. I ctmAd qnoteHa y«a the cpinioa* «f ezmneot finaneiexs like Mt Sefldon, Mr Ward, oc-Hr MiUar, or Mr Pißkerton, tkat it is sot "tararinr' 7 nm Farmer: Well, I don'teaw««afcjoib«ttSt, but can I jet the n»Kiy ? ■ Official: There yon are mots —it^itMft; and im order that you nay not fail into any, mistake in future, m nrplaii to you whal borrowiag awans. Farmer: I ihall b» Tery4lsMAM > Ar«oPM of the political terms nsed nowadays ararvogl eonfuaiag. Official: II a-man er-eoontry^yts auadiama of maney far reprodnotifw works, snob aa bayiag valaabls Fomahaka ectattß, or to hatf the moaey t* someone due at an«d<«oosdnta of interest, that is not boir«wi»g. Bcv example, the money tbat the colony receives at ty pao cent. to lead to the fsrmers-at 5 per cent wind borrowed. It is reeeived-aa an advance. And if a farmer borrows at 5 per cent and kniMa a manufacturer at 7 per cent, tie tarmeria not a borrower either: keua settier ill ttotfbi* adTancas. ■ : Farmer: And soapos* tfae-eoiony letomunejr from Londan to build tha Otago Csntcar ta*' way, is that bamming ? Official t Yes, that would be borrowJDg, ford is to make a railway, and that is not reptox ductive; bat if it had been to make a roadoa which a' railway ooold not ran that wouldtw raprodHctive, and not borrowing. Do yoa dot the difference ? ' : Farmer: It is still pnzKtiag to me. Vbeat did you getthoea new definitions from1? Official: Your question proves (be trattHot; what I hare often heard—that farmors^do not read public speeches nor even Hansard. Sacsj you never read the short crisp utterances oft* Seddon, or the convincing statements of Me Ward reproduced by Messrs Finkerton, Hntehi« son, Morrison, and Millar? Whtrthaw.yra spent your time ? ' ' •

Farmer: Generally on my farm, attendinrta my cows and tomips. I always thought tt I got moaey on loan tram a man I was liiiikwwii but of late there is much that is new-frogM I cannot understand. I suppose what romna saying has been taken ftom nmnn Ynntccmct by oar politietans ?

Official : No, no. Ifrwa»aalj the GbMfe able Immigrant* Bill tin* «sme from mete* source. What I have told you U the no* Latwor Liberalism, and the soonetyoeanderW stand the new terms the better. SokymmuH money do not ask for a loan, bat far a» advance. Never mention the word •» borrow^* and, above all, never forget that daring tbl past year prosperity has been restored to fIM colony by the Premier, as Hr Saddon ptovedal? Napier. Ton know wool has fallen 30 per cent., iheep 50 per cent., wheat is dowo and cattle low, and oats almost unsaleable. Qoi revenue is falling. All theM things showlww the colony has been restored to ptomgabj* Now sign this paper. Paper signed, jradr Brit Farmer.