TELEGRAMS'.
[git TELEGRAPH PEP. PRESS ASSOCIATION] WELLINGTON FINANCES. WELLINGTON, May 3. Wellington City finances are £35,000 in arrears. The Mayor considers it impossible iu pay off such a sum in seven yearly instalments aiid that a loan will have to lie raised for the purpose. Most of this floating debt was incurred on capital account and it is regarded as legitimate to liquidate it by wav of "a loan.
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https://paperspast.natlib.govt.nz/newspapers/HOG19220503.2.21
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Hokitika Guardian, 3 May 1922, Page 3
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69TELEGRAMS'. Hokitika Guardian, 3 May 1922, Page 3
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