STATE ADVANCES.
OLD CLAMS BEING FULFILLED Wellington, December 20. Sir Joseph Wjard stated to-day that he had expedited the work of lending moneys by the State Advances Department, both for settlers and workers and that 350 applications for loans, which had been standing' over for a long period, had been passed by the board at a meeting this week for prompt payment. The amount authorised by the board exceeded £250,000.
He had given instructions that additional valuers were to be put on to in regard to applications' that had been in the hands of the boaril for as long as two years, amounting to over £3,000,000. He had already arranged for £2,000,000 of fresh money at a satisfactory rate and he had every hope that by the time the present arrears were cleared off, he would be able to reduce the interest and keep the State Advances Department in funds.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/MH19281222.2.12
Bibliographic details
Ngā taipitopito pukapuka
Manawatu Herald, Volume XLIX, Issue 3887, 22 December 1928, Page 2
Word count
Tapeke kupu
150STATE ADVANCES. Manawatu Herald, Volume XLIX, Issue 3887, 22 December 1928, Page 2
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