THE PROPOSED COUNTY LOAN.
[We do not hold ourselves jrsponsib'e for opinions expressed by correspo7idents. ]
(TO THE EDITOR OF THE DUN3TAN TIMES. Sit :—There is one important point, which 1 omitted to m nit on in my Address to the Council on thesubjict of tho proposed loan ; namely, that by the Counties’ Act it is expressly laid down that not more than seven per cent, per annum shall be paid on loans. This condition conveys an assurance to the ratepayers that the local revenue cannot be squandered in the payment of large interest on money borrowed. Yours &0., Vincent Fyke, County Chairman. Clyde, Ist February, 1331.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DUNST18810204.2.6.1
Bibliographic details
Dunstan Times, Issue 981, 4 February 1881, Page 2
Word Count
106THE PROPOSED COUNTY LOAN. Dunstan Times, Issue 981, 4 February 1881, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in