DOMINION ITEMS.

Hokitika Guardian, 21 June 1924, Page 4

DOMINION ITEMS.

by YKr.KGr.Ani—ritirss assn., corvnicnT. BUILDING TIMBERS. WELLINGTON, June SO. At the Building Conference*. the reports of tho various <ro'.'nfuitlees were considered. Many important alterations in the. (emulations lor the building trade were approved. The details of (•(instruction, the question of factory erection and the preservation of timber were lie fore the conference. It was pointed out that co-opera-tion between the sawmiller and the consumer, would effect economies of importance for every member of the community. With' u balanced consumption of all grades and species of timber. the forests could be conserved, tbo saWmiller could win greater profits, and the consumer would receive cheaper and better timber, ft was also shown that, with seasoned wood, free from decay, and tho application of modern building construction, the size of the timber used may lie reduced, and the life of the structure improved, and the financing placed on a hotter basis. The combination of these factors would greatly reduco the costs, and alleviate the shortage of homes.

DANK OF X.Z. REPORT, WKI.UXGTOX. .1 line HO

At the Dank of New Zealand nicotian. the report and balance sheet were adopted. .Mr Reece, in seconding the motion, said that the matter of land values was one of the most important things affecting the country at tbo present time, lie did not see bow the farmers could be prosperous until there was some readjustment. .Surely the real value of the land must be its earning power throughout several years. He congratulated the shareholders on being partners in tin institution which hud practically passed unscathed through the world war. .Mr Gibbs returned thanks for Ills election as a director.

Mr T. Similar Weston moved a vote of thanks to the Directors, the General Manager, and the stall. Mr Mill i Dunedin) seconded. and the motion was carried bv acclamation. Mr Watson responded. Mr Hiickletou said be greatly appreciated the recognition of the staff’s rH'orts.

A resolution of the appreciation of the services of Mr I pton, the retiring director, was passed. Mr A. H.W. P. Gteoll was appointed Chief Auditor. TKLERHON 10 IT! OPUS A IS. STRATFORD. Jline ill. Hon .1. G. Coates was entertained at a banquet last night, over one hundred guests being present. The Minister was warmly welcomed. In the course of bis remarks the Minister stated Government intends to lav a submarine cable across Cook Straits lot telephone communication between the Islands The Minister said the idea was that every person ill the Dominion should have it facility for to'cpbnnie communication with any other person in the Dominion. Referring to the Dominions post- and telegraph service Mr Coates saitl after allowing Cl 70,001) for wireless and other improvements, the year’s surplus of revenue over expenditure would be tho second highest they had had, totalling .278.0,000 in round figures.

MR. WII.FORD CONFIDENT. D GNEDIN. June HO. In an address to tho l.ihoral Labour local executive. Mr \\ iltord recounted his unexpected success at I’nkekolie, as evidence that Mr Massey was losing ground in the North Island. THE MORATORIUM. DC NIC DIN, June HO. At a meeting of the Perpetual Trust Company it was stilted by Mr P. Barr that as long iigo as 101 7. the Dunedin Chamber of Commerce advocated moratorium measures, such as Mr Massey now proposed, namely, the onus ol providing the need of the extension to he laid on the mortgagor. From his (Barr's) own knowledge locally, most of the mortgagors have completed nvrangeini'iits for renewals, and iL was certainly time the present iiusalisfaclory position was ( hanged.