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HELP FOR FLOOD VICTIMS

STATE LOANS AT 5 PER CENT. (Pf/r Press Association.) WELLINGTON. Alay 10. The Prime Minister states that Cabinet has decided to assist settlers who had suffered serious loss dining the recent floods and who may require a certain amount of cash in order to carry on their farms. Details have not yet been worked out. but the intention is to follow the procedure adopted in the case of the hush fires some years ago at Raetihi and Ohakune. where monetary advances were made to set-tiers at a comparatively low rate of interest. Tn the present case of sufferers through flood damage the rate of interest- will be 5 per rent. Applications foi assistance will be received by the si periutendent of the State Advances Department.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS19230511.2.93

Bibliographic details

Star (Christchurch), Issue 17038, 11 May 1923, Page 12

Word Count
129

HELP FOR FLOOD VICTIMS Star (Christchurch), Issue 17038, 11 May 1923, Page 12

HELP FOR FLOOD VICTIMS Star (Christchurch), Issue 17038, 11 May 1923, Page 12