INCREASED BANK RATE
♦ MAY CHECK EXTRAVAGANCE FARMERS DEFEAT MOTION OF PROTEST [Per Press Association.] TIMARU, May 20. ; At a meeting of the Farmers’ Union I to-day the increased bank overdraft I rate was discussed. ; A motion of protest against the inI crease was lost, the principal arguIment by those opposed to the motion 'being that the increase would probably result in checking extravagant expenditure. and that if it did, this would I eventually be to the benefit of the I farmers, in that it would make more • money available for useful and necessary purposes.
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Bibliographic details
Wanganui Chronicle, Volume LXXXIII, Issue 19846, 21 May 1927, Page 8
Word Count
94INCREASED BANK RATE Wanganui Chronicle, Volume LXXXIII, Issue 19846, 21 May 1927, Page 8
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