CORRESPONDENCE PLAUSIBLE FINANCE.

Taranaki Daily News, 2 September 1929, Page 14

CORRESPONDENCE

PLAUSIBLE FINANCE.

(To the Editor).

Sir, —May I trespass upon your space once more to reply to your footnote to the letter of R. Sears on the subject of Q.D. and H.P. in Friday’s issue. I asked the secretary of Quarterly Dividends, Ltd.,, for the names of investors who have been drawing cash dividends and received the same, also much other information and “Few Beans,” “Thomas” or anyone else was at liberty to do the same during Mr. Johnston’s many meetings throughout this part of Taranaki. There is very little compulsion in this scheme, payments being quite voluntary except when paying interest and principal on mortgages, and the actual outlay in this case is usually less than many working people are paying in rent and only continues (in most cases) about four years, when dividends pay the remainder. I again assure all genuine enquirers that they may .obtain all the information they require, but we are not going to use the Press to publish names. Thanking you for your space, —I am, etc., / FRANK R. SILBY. P.S. —In the ten years we have been taking your paper I have no recollection of names of investors in companies being published.—F.R.S.