WHERE THE MONEY GOES.
RURAL IRELAND.
[By Electric Telegraph—Copyright] Times and Sydney Sun Services. London, May 30. The report of a Committee of the Department of Agriculture on technical education in Ireland, states that the mortgage indebtedness of the Irish land is probably increasing by two millions annually. The money-lenders have greatly increased, while the gobetween man has almost disappeared, but injurious amounts of long credit with shops are found in various districts, much of it for feeding stuffs which the farmer could himself grow. ' The savings of the rural classes, amounting to many millions, are withdrawn from productive use locally, and transferred for investment in London. The report adds that assistance to the economic progress of rural Ireland is possible if only part of this money, were available for lending to small farmers.
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Stratford Evening Post, Volume XXXIX, Issue 34, 1 June 1914, Page 5
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134WHERE THE MONEY GOES. Stratford Evening Post, Volume XXXIX, Issue 34, 1 June 1914, Page 5
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