Not “Financial Gangsters.”
'The public cannot call us financial gangsters," said a member of the Ashburton Electric-Power Board at a meeting recently when figures were presented showing that each unit sold last year cost 1.33 d and iyas sold to the consumer at I.4(id. In the firs! year of the board's activities (1921), power was sold at 4.49 d a unit and the next year the price came down to 2.76 d. It was another four years before the figure was below 2d. “These figures show that our activities are certainly not usury,” added the chairman, Mr. E. F. Nicoll.
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Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20025, 25 August 1939, Page 4
Word Count
100Not “Financial Gangsters.” Gisborne Herald, Volume LXVI, Issue 20025, 25 August 1939, Page 4
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