A NATIONAL CITY.
i Mil. HORNSBY’S UNIQUE ■ SCHEMES. [Special to “Times.”] \ AVELLINGTON, July 18. In the House of Representatives yesterday Mr. J. M. Hornsby, the member for AVairarapa, propounded two schemes for the building of a national city. He would sell the freehold to the lands for settlement farmers, • and out of the money so received they would get sufficient funds to build their national city; An hon. member: At what value would you sell ? Mr. Hornsby: At the original value. i This statement wes received with a chorus of “Alls” and “Oils.”
Mr. Poland: You are stealing the Opposition policy. ■ Mr .Mander: AA T e have no vacant seat for him here.
An hon. member: AVould you give them the freehold in the new city? Mr. Hornsby: No. Mr. Laurenson: Oil, you’re sound there.
Mr. Hornsby: I said a national city and I meant it.
- Sir. Hornsby tlieu proceeded to pro-, pound another scheme. • He referred to the banking legislation of Canada, which enabled the Government to get a perpetual loan of £600,000 through the guaranteed note issue. “If we had State guaranteed notes here we could,” lie said, “get £1,500,000 of a perpetual loan with which we could build our national capital city.”
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Bibliographic details
Gisborne Times, Volume XXVI, Issue 2247, 20 July 1908, Page 2
Word Count
205A NATIONAL CITY. Gisborne Times, Volume XXVI, Issue 2247, 20 July 1908, Page 2
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