RURAL CREDITS
STOPPING TO-DAY. f Australian I'rcss Association.) SYDNEY. January 31. To-day, many farmers in New South Wales will face a crisis. Their credit with country storekeepers ceases and they will he unable to meet accounts amounting to many hundreds of thousands pounds, which will fall due on Monday. The Rural Industries branch will be enable to issue further orders on storekeepers for necessitous farmers the form of assistance too, will probably cease to-day. In effect these developments mean the total collapse of the system of rural credit, which has enabled, many fanners to carry on. The secretary of the Fanner Settlers Association stated that unless immediate steps were taken to relieve the situation, grave developments in the country seemed inevitable.
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Hokitika Guardian, 31 January 1931, Page 1
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121RURAL CREDITS Hokitika Guardian, 31 January 1931, Page 1
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