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FARMERS' DEBTS.

MINISTER AND MORTGAGEES. SYDNEY/ October 28.— Mr. O'Brien warned the Milliliter for Agriculture in the Assembly that certain* mortgagees 'were foreclosing on clients in the counjtry becaußo.they were unable to meet their obligations, and he urged the passj ing of a short measure to protect the settlers whom the Government had already^, assisted by a State loan: I Mr. Dunn siidthat he had been advised by the down Law Department that a short measure extending the • Moratorium ; Act of 1914 would have the desired effect, and that it would not be so wide as to allow relief _ to ' Keonle not entitled to Jk. The Minister * added: Unless j. more lenient view is ; taken bv spmo of the mortgagees and '. financial* institutions I have a Bill proI pared which I hApc this House -will ', accept if wo 'find any necessity for xt-

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19201109.2.68

Bibliographic details

Poverty Bay Herald, Volume XLVII, Issue 15365, 9 November 1920, Page 6

Word Count
143

FARMERS' DEBTS. Poverty Bay Herald, Volume XLVII, Issue 15365, 9 November 1920, Page 6

FARMERS' DEBTS. Poverty Bay Herald, Volume XLVII, Issue 15365, 9 November 1920, Page 6

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