NO PROFITEERING
KAMO’S ELECTRICITY
COUNCIL POLICY DEFENDED' (From Our Own Correspondent.) WHANGAREI, To-day. Seen this morning regarding the charge of profiteering against Whangarei made yesterday at Kamo, the chairman of *the Whangarei Borough Electricity Committee, Mr. A. H. Curtis, said he was very surprised to read the statements reported in The Sun this morning. He said the Whangarei Borough Council had treated the Kamo Town Board with every consideration, and recently his committee had gone carefully into the possibility of reducing the charge of s£d and 2d to Kamo for electric current, but had found them to be as low as possible, in view, of overhead costs, without a risk of loss. So far from his council making 400 per cent, profit on supplying current to Kamo, as alleged, he wished to say that his council only secured a fair business margin of profit on the Kamo supply, similar to that made on the supply to their own borough consumers, and this margin was a very necessary business provision for contingencies that might arise.
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Bibliographic details
Sun (Auckland), Volume II, Issue 445, 29 August 1928, Page 13
Word Count
174NO PROFITEERING Sun (Auckland), Volume II, Issue 445, 29 August 1928, Page 13
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