MONEY FOR SETTLERS AND WORKERS

Stratford Evening Post, Issue 5, 20 December 1928, Page 6

MONEY FOR SETTLERS AND WORKERS

QUARTER OF A MILLION AUTHORISED PROMPT PAYMENT TO BE MADE WARD ARRANGES FOR ADDITIONAL LARGE SUM. Press Awoc»tr->Tj—<Jooyri££lit WELLINGTON, This Day. Sir Joseph Ward stated to-day that he hadl expedited the work of lending moneys by tlie State Advance* Department both for settlers ''»>d workers, and that 350 applications for loans, which bad been standing over for a considerable period had been passed by the.boSird jitl its meeting this week for prompt payment. The amca.int authorised by the board exceeded a quarter of a million. He had given instructions that additional vjaluers were to btTput on, to ensure as prompt a return - " as possible in the applications that were in the hands of the Board for as long as two years amounting to'over three 'millions. 'He Kid arranged for two millions..of fresh money at a satisfactory rate and he had every hope that by the time the present arrears were cleared off, he would bo able to reduce the interest and keep the State Advances Department in funds.