NO BORROWING FOR TIMBER INDUSTRY
NOT ECONOMIC ANSWER TO DEPUTATION (THB SUN'S Parliamentary Reporter.) WELLINGTON, To-day. The suggestion that £ 5,000,000 be borrowed for the relief of State Advances was made by a deputation of New Zealand Timber Workers’ Federation before the Rt. Hon. J. G. Coates and the Hon. G. J. Anderson an *r the Hon - Hawken to-day. Mr. Coates said that it was not economic to borrow for specific cases of this kind. Everyone else in the country was entitled to the same consideration. Certainly farmers had rec® lve( l relief hitherto unprovided by * ntr °duction of rural credits, but other classes also were entitled to consideration. 'lt ia u question of whether we should go on borrowing, or make the JJff* what we have and try to make Jhis go round,” said Mr. Coates. “We nave discussed it and concluded that r®* )OPr 9 w £5.000,000 this year would niy raise the same question next year.** 4
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Sun (Auckland), Volume 1, Issue 115, 5 August 1927, Page 13
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159NO BORROWING FOR TIMBER INDUSTRY Sun (Auckland), Volume 1, Issue 115, 5 August 1927, Page 13
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