More Money Troubles

Sun (Auckland), Volume III, Issue 795, 16 October 1929, Page 8

More Money Troubles

-Th}< meeting la mi*w ■ the boar*. ' ' ' chairman, at a speeiul ... .. • I.yttclton Harbour Hoard, loti („ c Sl dcr reductions in the rates a.ul ,lusZl at the port. "The board," IJ ~y land, “is embarrassed, not l- , - difficulties, but bj a surplus of ra.-lc l: has to consider red ng the poi , tiars -St« lien, JF this sort of tiling spreads *e’ra I going to have some interestin' situations very soon. Extracts from the daily Press of ! the future.— FINANCIAL CRISIS MUXICIPAE TREASURY FULL XO MORE ROOM Speaking at a specially called meet. , ing of the City Council today, the Mayor said that an investigation the City Treasury revealed, a grave state of affairs. The Treasury irxs so full of money that it was impossible to shut the door properly, and bundles : of hank notes were bulging through the windows. Two spare rooms had lalso been filled with gold and banknotes and tile caretaker had threatened to leave if he was expected to find storage room for any more, i “We have supplied every public i improvement that we can think of,’’ j said the Mayor, “and there is no room left for any more harbour bridges. There is only oue thing to bo done—we must throw some of it ; OUt.” The meeting then broke up, the councillors going to every available window and throwing bundles of bank notes to the quickly accumulating crowd.

Extract from an article on “The I Growth of Auckland”: . . . The city note presents a m» changed skyline to that which shotted |up some years ago. This is mainly j due to the number of infectious diseases hospital blocks which the Hospital Board has built since its serious financial surplus. The writer was amazed recently to discover a small building section that the Hospital Board had evidently overlooked. It was sandwiched between tico wings of ' an Isolation Block, a genuine old relic of the past. The, Hospital Board's new infectious diseases an nr.' I which is to cover the whole of North Shore and TaJcapuna, and is now in process of completion, will be a stately addition to the list. Extract from “Stop-Press News."—* INCREASE IN TRAM FARES Oil the recommendation of Mr. Allum the Transport Board today* decided to make a general increase in the fares paid to passengers in the trams and buses. Mr. Allum said that he did not think that the passengers were receiving enough in compensation ! for their trouble and discomfort. Extract from advertising columns.— AUCKLAND HARBOUR BOARD Tenders are invited till noon 32nd. j instant for the concreting of the bed of the South Pacific Ocean, the Tasman Sea, the Hauraki Gulf and Cockle Bay, the object being to flatten the sea-bed and so eliminate waves on the surface. A map of the South 1 Hemisphere (including Cockle Bayi may be seen at the Harbour Board Offices. Highest Tender Accepted. By Order. Extract from the Parliamentary notes:— MEMBERS’ SALARIES REDUCTION URGED BANKS COMPLAINING (By Telegraph. — Special Reporter) WELLINGTON, Today. An immediate and drastic reduction in members’ salaries was urged by Mr. O. Twaddle (Waikikamookau) in an urgent question addressed to the Prime Minister and the House today in connection with the vital problem of the huge Treasury surplus.

Mr. O. Twaddle said that tho position was desperate as each mein* ber had to hire a lorry every pay day to take his salary to the bank and the banks were beginning to talk in a nasty fashion about overcrowding and charging an extra storage fee. In addition, the members found it quit® impossible to count their salaries, and were consequently in fear of being cheated. He used the word “cheated' in a Parliamentary or jocular sens£ The Prime Minister replied that tht members had the benefit of the hard* ship clause for appeal, and he refused to be rushed into anythingintended, however, to have the whole surplus ‘tusied into the harbour short!?: he would rai*9 ( another loan on the London market.