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THE EXCHANGE RATE.

FAVOURABLY RECEIVED., < COUNTY COUNCILS’ VIEWS. DIFFICULTY IN 'COLLECTING RATES (By Telegraph.—Preis Association.) AUCKLAND, Saturday. The Bant of New Zealand's rate relief proposal was favourably received by county council representatives, who emphasise the difficulty that -was being experienced in collecting rates at presegit. One official suggested it would greatly help farmers if the Government would arrange for the Highways 'Board to take over local 'bodies liabilities for interest and sinking fund on loans raised in the past for roads which are now main highways. Permanent Help Wanted. The president of the Auckland Farmers’ Union, Mr A. A. Ross, said derating was what they had been agitating for for years. The trouble about the present proposal was that relief would apparently be for one year only, and the farmer wanted permanent help. The waiving of the land tax was a small matter and would help only big men. Next Move with Government. “The next move is with the Government,” said Mr Oliver Nicholson, chairman of the Bank of New Zealand directors, on his return from “Wellington to-day.

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https://paperspast.natlib.govt.nz/newspapers/WT19321126.2.52.1

Bibliographic details

Waikato Times, Volume 112, Issue 18803, 26 November 1932, Page 6

Word Count
178

THE EXCHANGE RATE. Waikato Times, Volume 112, Issue 18803, 26 November 1932, Page 6

THE EXCHANGE RATE. Waikato Times, Volume 112, Issue 18803, 26 November 1932, Page 6