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THE PROHIBITION POLL. Electors in New Zealand to-day would like very much to know how the 4* millions compensation is going to be paid to the (lead and gone liquor interests after April 10. The sinking fund method will probably be employed. Payment by sinking fund simply means the payment of an even sum each year, over a given number of years, until a debt automatically ceases. Hundreds and thousands of folk to-day are paying back to building societies the loans on their homes or are repaying money advanced by the Advances to Settlers Board. The process is similar to that of buying an article on the “easy terms” or “instalment” plan, of enjoying its use and convenience while we are paying it off, instead of waiting until we have found the ready cash. In the case of liquor compensation, payment. by sinking fund is doubly simple. This money drawn from liquor channels and transferred to healthier industries will give an increased return right away and payment of the compensation will be much easier than the burden of keeping the traffic and its unhealthy results. fU,nke out the ton line on Thursday, April 10—right out!—Advk

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/HOG19190326.2.25.4

Bibliographic details
Ngā taipitopito pukapuka

Hokitika Guardian, 26 March 1919, Page 2

Word count
Tapeke kupu
195

Page 2 Advertisements Column 4 Hokitika Guardian, 26 March 1919, Page 2

Page 2 Advertisements Column 4 Hokitika Guardian, 26 March 1919, Page 2

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