WORKERS’ DWELLINGS

Taranaki Daily News, 18 October 1930, Page 9

WORKERS’ DWELLINGS

STATE LENDING OPERATIQNS.

The only information available in regard to the housing operations of U State Advances Department is Omtcoiltaihed in :tlie-ajinual-report to Parliament, ■:. a ccording -to . U I?ttei, from the superiiltanchffit .be, fore the council -of t m . regard to loans for workers’ dwellings. Quotum the report for the year ended March 31 last,' the superintendent said 160 securities in regard, to woik* ers’ advances had been ata 4 m-4 of £3170. Aftel\ providing foi this, The superintendent alsri. stated that the provisions of the state. Advances Act requited, not that Ou per , ; rif the q value should be advanced,, buv that the advance should not exceed )•> ncr cent. Every resolution Oi the board Seating an application was regulated by the amount which the security might bl estimated to realise at sale by public auction as Well ds tile risk of any loss. Mr W. A. Bbucher described the reply fis “a fUfther example of flouting by Government officials;” He favoured bringing the. matter under the notice of the actnig-Prime Minister. , Mr. E. A. said the chamber had a, rioiit to know the position and the matter should not be..allowed to drop. The letter was referred to the Parliamentary Taxation Coffiiiiittee, With power, to act,. ...