RURAL CREDITS
LECTURE TO STUDENTS That the chief requisite of a good credit system was elasticity in the provision of credit, to vary in accordance with the needs of the community, was the opinion expressed by Professor H. Belshaw at a meeting of the Auckland University Commerce Students’ Society last evening. Professor Belshaw gave a lecture on “The Elements of the Rural Credit System.” In the provision of agricultural credit, he said, collective security could be achieved by the formation of co-op-erative societies of borrowers. These would adopt the principle of individual and collective security by the raising of funds through the issue of standardised bonds.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19300508.2.62
Bibliographic details
Sun (Auckland), Volume IV, Issue 966, 8 May 1930, Page 7
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106RURAL CREDITS Sun (Auckland), Volume IV, Issue 966, 8 May 1930, Page 7
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