GOLD PROSPECTING
A SCHEME TO -HELP WORKLESS
SUBSIDY OFFERED BY BOARD
CHRISTCHURCH, March 23
Details of a new scheme which provides for the employment of registeredunemployed men .by gold mining companies and syndicates, on a subsidised basis, were released yesterday by Mr R. T. Bailey,, officer in charge of theLabour .. Department. Under the new N-o 8b scheme, the subsidy offered by the. .Unemployment Board is 20s per week for., each, married -man and v ss for each -single mail removed from the unemployed on approved prospecting work. •
A circular issued by the board states: ‘‘Any applicants for assistance under this scheme should be advised communicate direct tvith 'the Under-Secretary, * Mines Department, M ellingtoh, who has available the necessary forms of'application, which he will be pleased to forward to any company or syndicate desirous of taking' advantage of the subsidised labour available under this scheme. “It should be understood,- of course, that the assistance, granted to companies 'and syndicates under this scheme is in the nature of « repayable advance, in that .10 per cent of the gold won, np to the amount: of subsidy naid, is to be refunded to the Unemployment Fund, and that the companies undertake not to pay any dividends until the total subsidy paid by the hoard is refunded to the Unemployment Fund.”
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19330325.2.19
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 25 March 1933, Page 3
Word count
Tapeke kupu
216GOLD PROSPECTING Hokitika Guardian, 25 March 1933, Page 3
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.