“WE’VE BEEN PRODIGAL”
FARMER DEFENDS BANK STRONG AND SANELY-MANAGED (Special to THE SUN A CHRISTCHURCH, Thursday* “We have been prodigal. L** us lay the blame where the blame lies.” That was how Mr. Jasper Clark, an Otago farmer who is visiting Canterbury with a party of Otago farmers, characterised the position of farmers in relation to the bank rate. The banks of the Dominion had faults; but the Dominion should than* God that they were strong, sanely* managed institutions that had able to weather the slump when in farmers were given the lease-in-pe-* petuity at the ballot. The idea of that method of selecuo was to keep farmers from bidding oil : against the other and boosting price of land. Successful pejjP* j promptly sold the goodwill. cheap money was advanced, the same thing happened, concluded the Otas man.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19270513.2.61
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Sun (Auckland), Volume 1, Issue 43, 13 May 1927, Page 8
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138“WE’VE BEEN PRODIGAL” Sun (Auckland), Volume 1, Issue 43, 13 May 1927, Page 8
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