LOANS TO PUBLIC BODIES.
WELLINGTON, April 12. A point of interest to local bodies was brought before tho Acting" Prime Minister (Slir James Allen) to-day. Some time ago the Eastbourne Borough ratepayers authorised a loan of £4500 for water and drainage purposes, but owing to war conditions, the money cannot be raised within the two years allowed by Statute. A deputation to Sir James Allen suggested that the Government should introduce legislation providing that for the purpose of reckoning the two years mentioned, the war £)eriod should not count. Sir James Allen promised to consult Cabinet on the matter, recognising the oas*e as one of the hardships deserving relief, but he said the question of making a general provision to cover all loans in suspense would need careful consideration. In some cases it might be desirable to have another poll of the ratepayers.
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Otago Witness, Issue 3292, 18 April 1917, Page 26
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143LOANS TO PUBLIC BODIES. Otago Witness, Issue 3292, 18 April 1917, Page 26
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