CREDIT REQUESTED
ROTOWARO LOAN SEQUEL
COUNTY COUNCIL’S ACTION (Special) . AUCKLAND, May 22. “The Waitemata County Council is delighted to learn that the principle of advancing interest-free credit for public amenities is now being applied, stated a telegram sent to the Minister of Finance, Mr Nash, by-the county chairman, Mr H. T. Gibson. The telegram followed on the publication of the statement of the actingMinister of Mines, Mr O’Brien, concerning the erection of a public hall at the Rotowaro mining township, to the effect that a State interest-free loan had been made to assist in the provision of amenities for the district. “ Acting on this principle,” continued Mr Gibson’s telegram, “ will you please arrange with the Reserve Bank to advance credits as required up to £IOO,OOO for urgent roading needs to assist farming industries in Waitemata County, the council to defray all administrative costs? Thanking you.
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Bibliographic details
Otago Daily Times, Issue 25851, 23 May 1945, Page 4
Word Count
145CREDIT REQUESTED Otago Daily Times, Issue 25851, 23 May 1945, Page 4
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