Thoughts For The Times
Money on Deposit. Clearly, this moratorium regarding money on deposit with associations and companies, has its ill effects as well as its good. While people or institutions that have borrowed beyond their means to repay according to contract are relieved of their obligations for several months, and incidentally are getting a renewal of very cheap loans, the owners nf the money have to put up with the consequences. And those consequences may be very widespread, involving persons and interests not considered when Parliament rather hurriedly passed the legislation, j
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Hokitika Guardian, 24 June 1921, Page 2
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93Thoughts For The Times Hokitika Guardian, 24 June 1921, Page 2
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