LOAN MONEY UNAVAILABLE.

Manawatu Herald, Volume XLVI, Issue 2770, 12 August 1924, Page 3

LOAN MONEY UNAVAILABLE.

FOR WATER AND DRAINAGE

COUNCIL EXPRESSES DISAPPOINTMENT.

At last night’s Council meeting the following letter was read from J. Linklafer, Esq., M.P. — “Enclosed please find answer I have received from the Finance Minister to my representations on helmlf of the Foxton Borough with regard to further loan from the State Advances Department. T regret very much that the reply is not more favourable, but can assure you that T have done all that is possible in connection with this most important matter.”

The following is a copy of the enclosure, addressed to the Town Clerk: “'With reference to rnv letter of the 21st instant, I desire to sav that I have communicated on the subject with the State Advances Superintendent, who advsies me that the applications being considered by the Advances Board are those made many months prior to your Council’s request for a. further loan, and he again expresses regret that it is not possible at present to assist your Council. —Yours faithfully, (signed) W. Massey, Minister of Finance.” The Mayor said that it was impossible to complete the water and drainage schf/ne until a further loan was forthcoming from the State Advances Department. He was of opinion that, the local application was one of the earliest lodged with the office. lie said they were helpless to complete sewerage work and tied up by the State Advances Office. It was decided that the Council place on record its deep disappointment at the Premier’s letter re water and drainage loan and urges that the matter he again reconsidered.