The Chronicle PUBLISHED DAILY. LEVIN. THURSDAY, AUGUST 26, 1915.

Horowhenua Chronicle, 26 August 1915, Page 2

The Chronicle PUBLISHED DAILY. LEVIN. THURSDAY, AUGUST 26, 1915.

THE PLIJLIt illl.bi. Tlio Public Trust {Jilice oi *\l-\v Zealand has caused a diminution in loyal I'liariiL'* and has niadu Ji6oll pupuhu , and unpopular by so But I though tiiero arc two opinions about the iairiieas ol its competition with thy legal l'liHerniiy. (.here i* nune as to thy siiccTftS ol tile trust. In Liu. , olhcial report on its operations lor iUli-li the iact is that thy tie", prolits lor the year wore JJ32,<3Ui» bu'v.g iome three thousand pounds sterling better than the record lor the year immediately preceding, and the biggest in the history ol' thy otlico. With tho exception ol one period the ollice lius shown marked increa.sen oi prolit, yea* , by year, since IUUU. 'liie records mil , I'JUU, nOflM; ltllU, fii,73B; IUII .C1J.211; 11112. Jt2s,SJiy ; IUI3. L27,001\ iUI-1, JX\),'2'>'>; lyij, M'JisM. In tho .same period oi' wven ,\e;n.s the salary list ruse from LTu.u2 to .135.21!). lu a note on the work ol the ollice, tho .Minister in Charge Uion. A. h. lierdnian) (say.s lie is pleased to be able to say that the legislation parsed in the year.', IUI2 and PJ.I3 iia.-, I a rye] y incrt'iised tlie uselillness ol the. ollice. The public have availed Ihe involves; ol il lreely. and the result is satislactory to all concerned. At the beginning ol the year the eoiniiion-luncl rate ol interest was raised, and the ollice scale ol charge* uar> rwluced. A* a result estates received during Llie year about 1'3200 more in interest aim paid about i'7OU less in charges. Uetweeii the outbreak of tJie war Nth August. U)I-l) and the close of the year under review (31st -March, 11)15) the oiiice ha,s lent a total ol' £009,9-17 to a total ol 208 borrower* (including local bodies). It will thus be .seen that the linancial assistance afforded by the ofiice lias not been curtailed by the reason ot the war. During the year twenty-one members oi the .staff have gone to the front.. Leave of absence lias been given to them so as to preserve their position when they return. The staff is ol course weakened by their absence, but those who remain have most readily and cheerlully done extra work (both overtime and otlierwi.se) to fill the gap.