BANK RATES.
—4 FARMERS UPHOLD INCREASE. Timaru, May 20. At a meeting of the Farmers’ Union to-day the increase in the overdraft rate Ijy the banks was discussed, and a motion of protest against such an increase was lost. The principal argument by those who also opposed the motion was that an increase would probably result in checking extravagant expenditure, and that if it did this would eventually be to the benefit of farmers, in that it would make more money available for useful and necessary purposes. GOVERNMENT NO POWER TO INTERFERE. Dannevirke, May 20. The Hon. 0. J. Hawlcen (Minister of Agriculture) informed a deputation to-day that the Government had no power to interfere with regard to the increase in the bank rates. ,
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/MH19270521.2.26
Bibliographic details
Ngā taipitopito pukapuka
Manawatu Herald, Volume XLVIII, Issue 3641, 21 May 1927, Page 3
Word count
Tapeke kupu
124BANK RATES. Manawatu Herald, Volume XLVIII, Issue 3641, 21 May 1927, Page 3
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Manawatu Herald. 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 Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in