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Hick's Bay's Needles: Wharf "From what we have seen, it is evident that there has-been a real tragedy here in Hicks Bay," said the Minister pf Internal Affairs, the Hon. W. E. Parry, following an inspeetion of the freezing works and wharf" at Hicks Bay. Ihe whole history of 'the freezing works establishment at 'Hicks Bay (Gisborne) was a sorry one, continuecl Mr Parry. The farmers had been induced to put their money' into freezing works, for which they had insufficient supplies of stock for economic operation, and the county ratepayers had been induced to accept the additional burden of a loan for the building of a wharf. The ratepayers were not to be blamed, for they were assured that the rates on the freezing works property would pay interest on the loan raised for the wharf. Later, however, the works were closed down and eventually dismantled, the loan survived and the £30,000 principal had been a millstone xound the necks of the ratepayers up to the present. "Does not the whole business seem to justify soine kind of national supervision of sueh projeets?" .iskad the Minister. '
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https://paperspast.natlib.govt.nz/newspapers/HBHETR19370811.2.144.7
Bibliographic details
Hawke's Bay Herald-Tribune, Issue 175, 11 August 1937, Page 11
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191ONLY THE LOAN REMAINS Hawke's Bay Herald-Tribune, Issue 175, 11 August 1937, Page 11
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