The aftermath of the slump was felt in a severe manner by the small men of Taranaki last year, when 44- bankruptcies were recorded by the Deputy-official Assignee. This is a record number for the district under Mr Medley’s jurisdiction, which embraces all the area surrounding New Ply- ■” mouth and Stratford. Speaking to a Daily Nows reporter, Mr Medley said that practically all the bankruptcies were due to the - slump, the men affected being compelled to “go to the wall” in most cases through -having started business with insufficient capital. Tho lowest number recorded during the pa st 10 yours was three in 1920, while the previous highest total was 12 1918. Included in last year’s bankruptcies were eight farmers, two sharemilkers, and five labourers, the occupations of the other bankrupts being:—Storekeeper (1), drapers i. (2), tailor, bootmaker, jeweller, salesman, ' plumber, newsvendor, drover, sawmiller, taxi driver, bricklayer (1 each), contractors (3), . carrier (1), land agent (1), manager (1). and wagoner (1), There were” also throe Maoris and two women among the number. Tho typhoid bacillus is so minute that ft drew of water might contain million*.
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Otago Daily Times, Issue 18760, 13 January 1923, Page 13
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186Untitled Otago Daily Times, Issue 18760, 13 January 1923, Page 13
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