PARLIAMENT
MORTGAGE SCHEME Jiorc views on the mortgage corpornti*n proposal were expressed in the House of Representatives _ yesterday, chief interest being taken in those ot the Hon. W. Downie Stewart (Govt., Dunedin West), former Minister of Finance. Dangers associated with the creation of an institution magnitude contemplated under /the Mortgage Corporation Bill were p'ointcd out by Mr Stewart. He said he preferred to sec several independent mortgage corporations established on a decentralised basis instead of one large corporation. As an alternative, ho advocated an extensfcjn of the scope of the rural of the State Advances Office, as recommended by the Rural Credits Commission of 1926. Ho Ministerial contributions were made to yesterday’s debate, but the Minister of Justice, Hon. J. G. Cobbe, will speak probably this afternoon.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WDT19350221.2.27
Bibliographic details
Wairarapa Daily Times, 21 February 1935, Page 5
Word Count
127PARLIAMENT Wairarapa Daily Times, 21 February 1935, Page 5
Using This Item
National Media Ltd is the copyright owner for the Wairarapa Daily Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of National Media Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in