ONLY A PALLIATIVE

Poverty Bay Herald, Volume LIX, Issue 17946, 25 November 1932, Page 8

ONLY A PALLIATIVE

MORTGAGORS’ RELIEF LABOR MEMBER .CRITICAL (Per Pross Association.) WELLINGTON, last night. In moving the second reading of the Mortgagors and Tenants Further Relief Rill in the House of Representatives today, the Hon. J. U, Cobbe said that the measure contained nothing that would inflict hardship on anyone- It was right that mortgagors who had a prospect of being able to carry on should be given every possible assistance to do so. Mr. W. E. Barnard (Labor, Napier) said that the, Government should have realised by this time that continuous arbitrary interference of Ibis kind must inflict hardship on a not inconsiderable number of people, lie recognised that in some cases mortgagees eon Id be hard and arbitrary, lint in endeavoring to assist mortgagors a position bad been created in which one’s sympathy bad to be extended to mortgagees. Continuing, .Mr. Barnard said licit it any pressure was brought to bear on the Minister to alter the law relating to personal covenant, he hoped the matter would be referred to the Statutes Revision Committee, because only lawyers could thoroughly appreciate the difficulties involved. Mr. A. D. McLeod (Coal., Wairarapa) said it was neither the time nor the place to discuss move comprehensive measures urgently necessary to afford relief to the farming community, but he welcomed the bill before the House, even though it was only a palliative. The Hon. J. G. Cobbe, replying to the debate, paid a tribute, to the manner in which stock and station agents bad met the, needs of their customers. The hill was read a second time.