A GOOD INVESTMENT GOING A-BEGGING.

Waipa Post, Volume II, Issue 56, 27 October 1911, Page 2

A GOOD INVESTMENT GOING A-BEGGING.

TO THE EDITOR. SIR, —The question of a watersupply may be, —and in fact is—a oil worrying when ways and means have to be considered, though there is little doubt such would prove a most valuable investment eventually. Still it is a bit worrying, so by way of respite, while the Town Board is arranging the necessary preliminaries prior to'a poll being taken, might I suggest another channel of thought or line of action about which there can be no two opinions as to its double value, first as a great public convenience and next as a proved revenue and dividend producer. I refer to coal gas. As an investment there is no moi-e consistent dividend payer the world over than the coal gas share. Every town —and there are many —which has sold its gas rights to private individuals is wishing it hadn't, and the most tempting offers to regain that which should never have gone out of municipal control, go unheeded by the shareholders, who know from their own and others experience, that their fat dividends are secure. If Te Awnnuiiai advertised in any one of the business centres of the Dominion, that she was prepared to trade her lighting rights there would be a score of applications from hard-headed practical business men looking for a good investment. if that is so, as undoiiotedly it is, then why should we not get to work and reap this double benefit. We arc paying dearly both in cash and convenience for our want of ‘‘go” in this connection. There should be no difficulty in raising in our own town the required capital for this work, the profits from which, would provide a sinking fund, that in if? to 18 years would pay the whole of the capital cost. Te

Awamutu contains more than one monied man willing to assist her, would she but have a little faith in herself, and discard the brechin for the collar. “According to thy faith etc,” and “Faith without works etc,” are . axioms most of us in Te Awamutu might to advantage, sew in and on our hats. Yours-, etc., SILICUS. TO THE EDITOR. Sir, —Our Public library is languishing through lac£|of funds yet is it not living beyond its means by occupying, instead of letting for business purposes the very valuable site at present used ? If it is legally possible, would it not be good business to put up a cheap building on some less valuable site and lease the present library building ? The income from it would be equal to the subscriptions of 200 new members. There is a section in Redoubt Street said to belong to the Public Library. Why could this not be used ? It is handy and only requires a lamp similar to those already installed by the Town Board, to make the site easy of excess at night. A lamp at that spot would also be a decided convenience to those using the Town Hall. If what is here suggested is possible, then it seems a pity that our Public Library should longer go short of funds, while this means of adding so considerably to its revenue is open to be taken advantage of. Rata. TO THE EDITOR. . Sir —In your last issue appeared a letter over the signature of “Vox Popuii”. As I was a member of a shooting party passing through Kihikihi last Sunday I feel it my duty to all members of our party to ask your complainant to either be less general in his accusations or to reveal his name. —I am, etc., E. MOELLER. Te Awamutu, October 26th, 1911.