RURAL INTERMEDIATE CREDITS.

Manawatu Herald, Volume LI, Issue 4527, 6 November 1930, Page 2

RURAL INTERMEDIATE CREDITS.

institution THAT is HELP-

INC! FARMER'S.

Tlie progress of the rural intermediate credits system during the second year of its operation in the Horn when uu district will be traced* (, n Jj ios day next, when the annual* meeting of the 00-operatijve as- F sooialion through which it fune- ’ lions will be held in Mr. G. D. Hamilton's office,. Queen Street, Levin, commencing at 2 ,p.m. In the report, of the directors on the iirst +■ year’s work it was stated that the' result was very gratifying, and the ex lent to which the resources otp Hie. association have been utilised gives positive proof that the establishment of the system of rural intermediate credits had fulfilled a long-felt want 'amongst certain members of the farming' community ol New Zealand. A line tribute to the scheme is contained in a letter written in August to the Commissioner by the chairman of directors of the N.Z. Co-operative Dairy Co., Ltd., at Hamilton, in which he states: “The rural intermediate credit scheme as arranged between your Board and this company has i endered excellent service to our suppliers,fand-The relationship existing . between your Board and my company has been appreciated by us, and I bave no hesitation whatever in saying that it has been worked without'anything to mar the progress of the applications received.”