TEMPERANCE COLUMN
INVERCARGILL DEBT SUMMONSES.
The summonses for debt, it will be admitted on all hands, form a very sensitive test of the financial well-being of a people. This being so, a reporter visited the Invergill court and was furn'shed with full details for the last three years. As might be expected, the first quarter's figures show but little improvement over the previous average. After this, however, there is a decided drop. Comparing the five quarters immediately perceding no-license with five quarters since (excluding the first quarter) the figures are as follow : — Number
This is a reduction of £6000. Probably not 50 per cent, of the amount sued for is usually recovered. On this assumption there is here shown on this one line alone a clear saving to the townspeople of £3000. What this drop means in debts that are more promptly paid, and what a decrease of one-third in the summonses for debt in the short period of 18 months really foretells for the future of sound business in the town, may be left to readers to judg-e. As very many traders do not summon in lees than about a year the result shown above would seem to imply that there are not as many new bad debt 6 being contracted.
Amount sued for. iefore no-license £17,159 lince no-license 11,208 persons Distress sued, warrants. 1,782 97 1,324 67
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Otago Witness, Issue 2813, 12 February 1908, Page 13
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229TEMPERANCE COLUMN Otago Witness, Issue 2813, 12 February 1908, Page 13
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