LIKE A ROMANCE

Poverty Bay Herald, Volume LIV, Issue 16706, 25 July 1928, Page 11

LIKE A ROMANCE

ELECTRICAL PROGRESS POWER BOARDS’ CONFERENCE (Per Press Association.) WELLINGTON, this day. The sixth conference of the Rower Boards’ Association was opened hv the Prime Minister to-day, Mr. d. A. Nash, ALP., presiding. Mr. Coates commended itic gathering on the small agenda paper which seemed to foreshadow a lack of troublesome problems. Till ere had always Imeti close co-operation between supply authorities and the departments ot State, die quoted statistics showing the tremendous growth of power production. The capital invested in supply authorities and generating stations had increased from £1,400,000 in BUS to CIS<>,OOO,DOO in 1027, and from 54,900 consumers to 228,404. The revenue in 4027 was approximately £4,000,000. The Government’s policy was to undertake the supply of electricity to till who would guarantee t (l take power. The development of power in New Zealand, said Mr. Pontes, read like a romance and was brightening the lives of people throughout the Dominion. The conference carried :i remit asking that the provisions for the establishment of depreciation funds should be modified so a s In lie less crippling to the finances of younger hoards. The conference carried ft remit lo urge the Government to lix a uniform rate to lie charged boards irrespective, of the quantity, and also to issue a- definite, pronouncement that all the profits of the Government from electrical undertakings will be used, firstly, for placing all such undertakings on a "sound financial basis, and, secondly, in the reduction of charges for power to distribution autliori ties'.