The Distribution of Loan Money.

Waipawa Mail, Volume X, Issue 1021, 11 December 1886, Page 2

The Distribution of Loan Money.

Ratepayers in the different ridings of the County will be interested in perusing tho following statistics, which show Accurately bow each district has been treated with regard to tho loan proposals. Thus, wo have given tho rateable values of each riding, the amount actually paid in a ?d in £ rate, tho numbers of ratepayers, the population, the sum to ho spent out of loan money, the proportion which it boars to the rateable value of tho riding, and the amount per horn! of population which the allotment is equal to. For the sako of convenience we divide the statistics into tables, as follows : Table 1., Shewing Rateable Value and Amount ok Rates at J in £. Rateable Value Rates ... . « £- «. d. 'V a 1 paw a 304,901 953 j 5 Wnipukurau 227,823 711 19 9 Ruataniwha 322,797 1,008 19 2 Woodvillc 398,1)39 1,243 16 2 Norsewood 88,794 277 19 7 Totals £1,342,974 £4,197 6 1 Paulk 11; —Shewing numbers ok ratepayers, population and money to BE EXPENDED OUT OK LOAN. Ratepayers Population Money Wnipawa 21 -2 4,it<)o Waipukuraa 53 708 100 Ruatnniwlia 202 1,001 1660 Woodvillc 730 -2,772 3,G00 Norsowood 307 1,720 1,750 1A U I.E 111; —SInSWINO lIAIIO ItETWKICN AMOUNTS ALLOTTED AND RATEABLE VALUES OK 111 DINGS. Wfii/tama. Expenditure One-sixty-second <>l total rateable value. Wnipukurau. —Expenditure One-two-bund rod-and-twenty-eighth part of total rateable value. liuataniie/ia —Expenditure—Onc-threc-hiiudred-and-twenty second part of total rateable value. Woodedle. Expenditure Onc-fhrcc-hundred and ninety-fifth part of totul rateable value. Norsru-ood. —Expenditure—Ono-eighty-cightli part of total rateable value. Table I V ;— Shewing the amount that WILL BE EXPENDED PER HEAD OK POPULATION. w . e s. d. Wnipawa 3 jq 2A W aipiikuraii o 2 B^‘ Kiiataiiiwha ... ... ... i i*> ij* WoodviHo 1 6id Norsewood ... ... ... i () 31 Before judging these figures and ■ iri 1 \ lug at a conclusion ns to the equability of the allotment, tho reader must make up Ins mind what is to bo tho basis of his calculation. It he says, as one gentleman has said, at tho public meeting in Wai|*awa, that (lie allotment should have been made in propoition to tho rateable value, ho will find that the distribution of tho County Council hardly complies with Imh standard ot justice. But wo do not admit that it would have been justice to havo allotted the loan money purely according to rateable value. We maintain that a fine medial lino must bo drawn between (h • two extremes, and that is the nearest approach to justice that can be affected. And after carefully persuing tho figures, and with a considerable knowledge of tho district to elucidate them, we are of opinion that no fairer allotment of the £12,000 conld possibly have been made, and wo congratulate the executive officers of the council on their judicious decision.