RATES OF INTEREST
— — > ACTION BY FARMERS’ UNION i ’ i ITS ATTITUDE QUESTIONED ( At question time following an ad- . i dress in Wanganui yesterday by Mr ' W. W. Mullholland, Dominion president of the New Zealand Farmers’ Union, Mr Don McGregor (Fordell) j had comment to make on the attitude j of the Dominion executive of the ' union with regard to reduction of ,; rates of interest. He asked Mr Mullholland whether he was one of the Dominion body who had voted against a remit passed unanimously at Wanganui asking that (
the rate of interest on table mortgage, then 6:{ per cent., be reduced to 4£ per cent. Mr Mullholland replied that he was not at the meeting in question and could not remember the circumstances, but he was sure that the Dominion executive had not thrown the remit out because it was against it but because some other action was being taken with the same object in view. I Mr McGregor stated that the remit i had been thrown out and that was InI consistent with the assertion Mr Mullholland had made that the union was I striving for decreased costs. Interest j was the biggest burden of all.
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Bibliographic details
Wanganui Chronicle, Volume 79, Issue 250, 22 October 1936, Page 12
Word Count
197RATES OF INTEREST Wanganui Chronicle, Volume 79, Issue 250, 22 October 1936, Page 12
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