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BUCHANAN & PURNELL , SOLICITOUS Matamata and Thames Will attune! at Wiilmro.'i Tuesdays and Fridays, commencing 2.">11r insfc. Oilice next to Mr Tong’s HUNGAHUNGA DRAINAGE BOARD Proposal to raise a Loan of £SOOO for Drainage Works over a Special Rating Area NOTICE is hereby given in terms of Section 8 of “ The Local Bodies Loans Act, 1913,” that it is proposed by the Hungahunga Drainage Board to borrow from the New Zealand State-guaran-teed Advances Offices Superintendent a Special Loan for the construction of new drainage works for the drainage of a portion of the Hungahunga Drainage District, which is not a legal sub-division, (the South Waihekau Special Rating Area, comprising portions of Blocks 11, 111, Tapapa Survey District and Blocks Y, VIII, IX, and XIII, Wairere Survey District), viz. to cleanse, deepen and widen . existing watercourses, drains and outfalls, to take over if required and pay compensation for private watercourses, drains and outfalls, and to make and construct new watercourses, drains and outfalls. And that the sum proposed to be borrowed is £SOOO, che proposed security for the said loan is a special annual recurring rate on a graduated scale according to the classification of lands within the said Hungahunga Drainage District, viz., on “A” land 6d, on “B" lands sd, and on “C ” lands 4d, upon the unimproved value of the rateable property within the said Special Rating Area. Such rate will provide principal and interest by payment of seventy three half-yearly instalments of £2 16s Id per cent, and is the provision fqr repayment of the loan. It is proposed to pay out of the loan the cost of raising same and the interest for the first year. By order of the Hungahunga Drainage Board. FRED. WM. WILD, Clerk. Dated February 20,1919.

DATE OF POLL. A POLL will bo taken on the proposal to borrow £SOOO on Thursday, March 27,. at the polling place, Public Hall, Waharoa. Polling hours : 9 a.m. to 6 p.hi. J. 4. CLOTHIER, Chairman ]Vhi/ keep the Australian Industries yoiny, . tii the Ruination of our own, when Money is required for War Loans, Shrinkiny ■Revenue, and Employment ? ‘ WE think thp time has arrived to re-' suscitate Dominion .whoat growing, ere it is too late, by putting our protective duties on a purity with the Australian ones, which have made Australia one of the granaries of the world nt reasonable prices, as under normal conditions it has always had a surplus. Under normal conditions, grain contributes about three-fifths of the Canterbury railway revenue, without mentioning its numerous adjuncts. If grain growing is killed, what would make good the railway and labour deficienees, as on tho raw material there are always two labour handlings, but not so on tho imported manufactured articles? Just imagine North and South Canterbury and North Otago huge slioep runs, and would not this serious and short-sighted innovation affect land values and all kinds of labour, augmented with the shipping ports Lyttelton, Timaru and Oamuru in a state of collapse ? Without bran and sharps, how would our bacon, dairy, poultry, and carrying industries oxist in the event of an Australian drought? Is it business-like to semi our money to Australia for our food supply when it is subject to droughts, and for what we can grow in abundance in the Dominion ? —as about half tho value in all instances is labour and railages, and with our lads returning employment must be found for them, otherwise they will go elsewhere, and we will become obsolcto though"'in our infancy. P. VIRTUE, M anager, Northern Roller Milling Co., Ltd.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MATREC19190306.2.14.4

Bibliographic details

Matamata Record, Volume III, Issue 122, 6 March 1919, Page 3

Word Count
592

Page 3 Advertisements Column 4 Matamata Record, Volume III, Issue 122, 6 March 1919, Page 3

Page 3 Advertisements Column 4 Matamata Record, Volume III, Issue 122, 6 March 1919, Page 3

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