THE MORATORIUM.
A XI.’MBEH of linancial experts have given their opinions that there is nothing to fear from any sudden lifting of (he moratorium at a lixed,' date after the conclusion of peace. The argument is that there is plenty of money to go around and that, the demand will be met. Probably it is so, in which ease borrowers would be well advised to act upon the advice early, and test the market before the moratorium expires. It is obvious that mortgages cannot be extended indefinitely. Hostilities have ceased, and a time will come, in all likelihood before the close of the present year, when mortgagors will be entitled to call up. Mortgagees who are looking well after their side of the bargain will probably use the interval to get either a renewal or a new mortgage. If (his is done, (he moratorium can end smoothly and without friction soon after the declaration of peace. On the other hand, if all mortgages wait until the last day they may, even with a great deal of money about, lind themselves in an unfavourable market.
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https://paperspast.natlib.govt.nz/newspapers/MH19190107.2.7
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Manawatu Herald, Volume XLI, Issue 1923, 7 January 1919, Page 2
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184THE MORATORIUM. Manawatu Herald, Volume XLI, Issue 1923, 7 January 1919, Page 2
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