THOUGHTS FOR THE TIMES.
Easy Conn, Easy Bo
The difficulty of procuring funds in London for development purposes in the Dominions may not lie wholly an iinmixed evil. Money that is easily g,i| i . Apt (n lie spcllt. if tint recklessly, at least without due consider.’itiun ot the need of ensuring that it shall he employed to the best advantage, And. if it is frittered away, recourse is had only the more readily Lo the money lenders for fresh supplies. The indebtedness of the State has reached serious proportions. \Ve say nothing of the indebtedness of the local governing bodies which have been indulging in a delirium of borrowing that has excited a good deal of concern uii the part of thoughtful people. -•“Otago Daily Times.”
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Hokitika Guardian, 7 August 1925, Page 2
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126THOUGHTS FOR THE TIMES. Hokitika Guardian, 7 August 1925, Page 2
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