CORRESPONDENCE.

Te Aroha News, Volume XXVII, Issue 43347, 9 July 1908, Page 3

CORRESPONDENCE.

r - are not responsible for the opinions Repressed by our correspondents.) ■ WANTED—A- SINKING FUND. Jr. ' —.. ■■■■ >v s . [To the Editor.] « , ' jSir,—ln the course of a conversation with a number of friends the other evening, the discussion drifted to that of • .i. local politics. I was praising up the good work done by the present Council - ' . ing, when one of the speakers asked me. 'I if :I. was aware of . the fact that the Borough Council was minus a sinking fund in connection with the Electric Light. . He said it -was the first time he '/ -• l* a d known of a work, representing such a large amount of capital, were nothing < -was allowed for depreciation. Surely, . sir, our Mayor and'Councillors will have fif • this matter attended to forthwith. Apolo&&X gising for trespassing,- I afn, etc., , /., ■ Sinking Fund. >