The Bank and the Settlers.
f E r oenl.\g Press.) It pp: e rs that Mr Murray rssu : '“d the Se set Lommillee of the Degislatire Council appointed to consider the Bank Sba e Guarantee Bi‘l that £50),000 of the first m'llion would be used for advances to settlers on their wool and other produce. He urged Cat on this g.ound, among others, the piss ing of the bill was a matter of co'onial interest, as the sc! tiers cool-. : !l do without these advances t '1 tbe'r harvest and shearing w.’s over ; end this reason was accepted by the Cornell as one of those in consideration of which their assent was g'ven to the Bill. Mr Ormond pointed oat dur’ng the discussion on Thursday wi(h much force that while this was the case, the Government with their Bard Tax Bill came down and demanded £300,C00 out of this very £500,0C0 from the same se.tiers. It seems certain that the Government, in spite of their protestations, must have been completely cornered be "ore they could consent to Buch a demand-
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Bibliographic details
Waipawa Mail, Volume XVIII, Issue 3107, 2 August 1894, Page 4
Word Count
180The Bank and the Settlers. Waipawa Mail, Volume XVIII, Issue 3107, 2 August 1894, Page 4
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