Kew Zealand Farmers’ Union has thrown away the one weapon with which it mieht have done damage to the beddon Government. At the Southland Conference some one arose to move that “All foreinn borrowing should cease. Ho got a seconder, and that was all. Hairy individuals with Scawtch names arose to point out that borrowing was a, good thing, that it brought siller and guid goold tae tha’ country, and in time the lucre filtered intao tho haunds o the farmers. And then the meeting arose and waved its kilt enthusiastically. New Zealand has begun to go it madly in the way of loans. In 1891, its borrowings were under £4000,000. In 1901 they were £1,746,141 —tho worst record for 20 years. .-Bulletin.
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Gisborne Times, Volume VII, Issue 323, 25 January 1902, Page 3
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123Untitled Gisborne Times, Volume VII, Issue 323, 25 January 1902, Page 3
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