MONEY FOR RADIUM
AUDITOR-GENERAL’S VETO. USE OF INTEREST -ONLY. " The sum of £750, which the Auckland Savings Bank has donated for the purchase of .radium, was received by the Auckland Hospital Board on Tuesday. At the same time the board was notified.,rby thp; Audj|prnGeneral that; the law t 'it obligatory for the sum to
bo invested and the interest'only-used., for the purpose intended. “It means we cannot use. .the icapi* tai sum to purchase radium, ebutq that it must -be kept in , trust .fori' a ‘ permanent, endowment,” said the chai- : ' ! anj Mr. W. Wallace. . . Mr. J. Rowe: Then it is practically useless. ... .. <•. u • ' ..The Chairman: . That is what it means. It will give us £4O a year for the purchase of radium. A Member: Ridiculous!. . On the chairman's suggestion, the matter was referred to the Finance Committee with the object of having’ legislation enacted to'enable the 'eiini' tp; be used directly to purchase ’radiuni'.? . • ; . . - tCt uA'uj .
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Bibliographic details
Taranaki Daily News, 21 August 1930, Page 6
Word Count
156MONEY FOR RADIUM Taranaki Daily News, 21 August 1930, Page 6
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