“VICIOUS IN PRINCIPLE”
UNEMPLOYMENT LOAN FACILITIES Sympathy with the unemployed, and its desire to formulate a scheme haffc ing for its object the prevention of tto recurrence of unemployment. *• voiced at yesterday's Chamber of Co». merxo Conference. The opinion, theless, was expressed that the increased facilities given local bodies to raise unemployment loans without the sanction of ratepayers, were vicious in principle and tended towards municipal extravagance. The removal of safeguards to local borrowing were viewed with apprehension. and their repeal wax strongly urged.
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New Zealand Times, Volume LIII, Issue 12613, 25 November 1926, Page 6
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84“VICIOUS IN PRINCIPLE” New Zealand Times, Volume LIII, Issue 12613, 25 November 1926, Page 6
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