CORPORATION LOANS

Taranaki Daily News, 6 September 1935, Page 8

CORPORATION LOANS

INTEREST RATE THOUGHT HIGH. SOUTH TARANAKI CRITICISM. Some criticism of the rate of interest at which money would be obtained through the Mortgage Corporation was expressed by several speakers at yesterday’s meeting of the South. Taranaki executive of the Farmers’ Union, After a short discussion a resolution was passed protesting against the failure of the Government to make money available through the Mortgage Corporation at as low a rate as recommended by the Dairy Commission. The motion was moved by Mr. A. B. Muggeridge, who claimed that the prob* lem.was not being met by the Government. in a way which would assist those mostly in need of assistance. He was at a loss to -understand why there was such a difference between the rate recommended by the Dairy Commission and the rate named by the Mortgage Corporation. He claimed that the farmers’ position was becoming worse and that the recent Government action would do nothing to improve it. “My opinion is that the corporation is not going to be of any use to the man ‘up against things’,” said the president, Mr. W. A. Sheat. Only those in good positions would be able to get the money, he claimed, and that was not the object for which the corporation was supposed to have been set up. Although he considered that the corporation would not give the assistance that it was expected to give, Mr. H. E. Blyde, present as Taranaki representative on the Dominion executive, considered that it would give assistance to many farmers. It had to be remembered that the money had to be obtained from the investing public. GENERAL ITEMS. Okalawa Territorial Parade. The fortnightly parade of the Okaiawa platoon was held in the gymnasium on Tuesday evening, a good muster being present. A new recruit was enrolled. The platoon was instructed on Lewis gun work and rifle drill by SergeantMajor Rowe. An n.c.o. class was held earlier in the evening. ADVERTISERS’ ANNOUNCEftIENTS. Smith and Trim Ltd. give final reminder of the sale of shop fittings, counters, show cases etc. to-morrow morning at 10 a.m. at the shop lately occupied by P. T. Donnelly and Co., a list of which is advertised elsewhere in this issue.

OPERA HOUSE TALKIES.

WALLACE BEERY TO-MORROW.

Bringing to life the famous characters of Damon Runyon’s celebrated “Little Miss Marker,” Adolphe Menjou, Dorothy Dell, Charles Bickford and Shirley Temple, together with a host of other talented players, are featured in the Paramount film version of “Little Miss Marker,” which shows at the Hawera Opera House to-night. Wallace Beery’s “West Point of the Air,” a Metro-Goldwyn-Ma; er picture, will open at the Opera House to-morrow at 2 p.m. and for a two-night season. “West Point ofthe Air,” a thrilling feature of which is a simultaneous parachute jump by 100 men, was directed by Richard Rosson, and also includes in its cast Lewis Stone, James Gleason and Henry Wadsworth.

“WINGS IN THE DARK” SHOWING. GRAND THEATRE TO-NIGHT. Gary Grant, who was one of the stars of “The Eagle and the Hawk,” returns again to a role in an aviation film, Paramount’s “Wings in the Dark.” The picture, starring Grant and Myrna Loy, screens to-night at the Grand Theatre, Hawera. Although “The Eagle and the Hawk” was a picture of war aviation, “Wings in the Dark” is devoted to depicting the thrills and romance in the development of peace time aviation.