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WELLINGTON NOTES.

Till': AIOHATOHIEM extension him.. (Social to “Guardian”.) , WELLINGTON, Ann. !•"> General salislarlioi) is expressed in business circles here with tin; Utiiik of ilic .Wiu-aiuiimii Extension Dili, The remarks ol .Mr .Masse,v respecting the -taleiuents that hundreds of farmers ore leaving their properties or abanInning their farm- were well timed, for there i- no dottht ihn! there has ' leu con.iderahie exaggeration till the nail of those desirous of seeing the roratoritini (initialled. The most ren-

-(.iiahle jiresentat ion of the position tas made 1 1 y .Mr Atieore. the member 'or Nelson, who '-aid that the real hfiieulty Was that there was not siilli■ient real value in the Dominion to pay the interest on the itdlated prices that were inline. What was wanted Tits a restoration of confidence in land valves. There would he no relief hy perpetuating inflated prices. The Imhhle must he prick'd. I hey also had to (i nsider the iullation due to the introduction of ion muoh horl'owc'd money Iroiti oiitsttl*. I l'.e huhhle ol inflated litml values must lie pricked, and nmsL people will agree with Mr Atmore that it is in the best interests i I the Dominion and of tlio-e who were eari vii'g a latul of mortgage to lilt tin* moratorium at the earliest possible moment. and not to seek to perpetuate the load those people were carrying. \s the matter stands tit present th? nmratoritini may he extended to March Hist. I! by which time the producers a ill have rereived the hulk ol their returns for produce exported, and there is the hardship clause, l urlhertiiore. the Dill is to he referred to a Comniitlee of th" House for (onsldera-

t ion. THE I.AIKU'i: PARTY'S REMEDY. Men conversaiit with liiiame art* very much si tuns oil with the 'i-N'iiv.* *‘U!-'K<*st-ed hy Mr 11. E. Holland, for timeline the moratorium iliilh idly. He stall'd that In- had letters from farmers all ever the country, tile general trend of which was that farmers should not he required to pay >. of and <>‘, inteicst. Due critic, alien iptest limed, was muve.l lo remark, "Would the tunnels |,e salislicd if they got tile money lor nothing:*" I'ariners in other countries are paying not less than ti ... in Australia 7",. and more is being charged. Mr Holland was i.f opinion that th * State should lend up lo ‘.'-V.,, ami that L’ti,ooo,ooo :i year should he borrowed for the purpose. Ender such a scheme there would Is- extreme prosperity and extreme inflation, hut Mr Moneylender in l.cndon would soon discover that our credit had vanbhed and then the iron hit* uottld begin. I lie worries cl to-da.v are the effects of the war prosperity and the inllati n followiny hiyli prnes for produce. Deserves were not loiilt up to meet the illlerwards. hence the bankruptcies of farmers and the abandonment ol hirin'. WITH LAS!I IN HAND. It is not an easy matter to yet a local 1 Italy lo undertake work which a sci tii n i i the «*c in in it 11 it y regard as urgint. Deputations tile met with promises which are scarcely ever kept, and these affected have lo endure the inconvenience for a considerable lime. The members of the 11 all County ('mined had somewhat of a ttni(|Uo experience at their meeting a lew days aye. A depulalit n united on llm Celtlll'il to it lye the eoniplet inn oi a i el tain work and the deputation came with cash in hand. The deputation wanted the work don.* and hnniyhl a substantial confrihuticn towards the iii't. The leader cl the deputation ptedueed a handful ol notes when addu'S'iuy the Cotiniil. and incidentally dropped one of the notes on llm ilo. i. The Council was agreeably surprised and immediately pa'-rd a r. solution to hate the work put in hand at nine. "Cash 111 -1; uI"I s appeal to i. ." leluarked ( lie c) the ( otm illoi . and the Ch.'iirutaii oh-ei". cd that Hi.' t m:n ail was always leady to l.i Ip thu.c .'.'ho were willing to help li emselvi Ti! ADH WITH TII ii HAST. Tw onr tiil'ce in hi !is at n lb' ij s ticn of i p--ititiy up tl'a.'e w ith ,f l.e f'.a -! V. a . warmly di-rll-se.l. Ii v.: - Hero dme.l hy the l!"ii 'i'. M. W ilford .. i Ii- i. torn l loin a tm:r of 1 1 c i'la--;. an i auk' eipieti I!y it was anim timed that the I uion Cemoaiiv had decided ta place a steamer i u I he hi rlh. ami v. ii !i t im l the sul.jeil was dropped and iu-teie-t vanished. Il seems that llm opening up ol fra.ile with the East imil Luiif; to l.e an easy problem to solve. Tie ( bines a i ruder—ami if iwith llii.- yentleina.il that the me-l if the business niitsf lie done - positive!', dislikes plainly indents when Im can buy "i u spat" even til a liiyhcr fiyure. II h, claimed that il we want a share t.l' tin' Eastern trade, whether ii he in China, cr Sinyapore, or -lava, we must eslahli'li our own branthe- in files’ (of.ntries and carry stock-. Dut wind have we yot to sell the I'ia-t tin t llm Itastet tiers eaniiot yet cheater Ir, m

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/HOG19240818.2.34

Bibliographic details
Ngā taipitopito pukapuka

Hokitika Guardian, 18 August 1924, Page 4

Word count
Tapeke kupu
882

WELLINGTON NOTES. Hokitika Guardian, 18 August 1924, Page 4

WELLINGTON NOTES. Hokitika Guardian, 18 August 1924, Page 4

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