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THE LOAN PROPOSALS

BIG MAJORITY IN FAVOR. The poll taken yesterday on the proposal to raise a special .loan, of £11,225 was not notable for any great enthusiasm on the part of the ratepayers. Polling proceeded very quietly during the day, the usual apathy of those interested being shown by the fact that out of a roll number of 1480, only 361 took the trouble to record their votes. As will be seen by the figures given below, the proposal wns carried by a majority of 125. It is significant that a committee of supporters of the proposal worked energetically for their ends, while the "non-progressives" were in a comatose state. At a quarter to eight the Returning Officer (Mr. F. T. Bellringer) announced the result from the steps of the Town Hall as follow: For the proposal 241 Aaainst the proposal 116 Informal 4 The result was received with a faint show of applause by the dozen ratepayers who were in attendance. His Worship the Mayor, addressing those present, said that on bchalf*of the Council lie wished to thank those who had voted for the loan. He would endeavor in the Council, as long as he was there, to carry out the work to the satisfaction of the ratepayers. It would be done under the contract svsteni, which lie considered best. (Hear) hear.) As for those who voted against the loan, he believed he had not made any enemies —at any rate he respected their opinions. He considered the proposal was a progressive one, and he was sure time would prove that the Council had done the right fhing j H taking advantage of cheap money for revenue-producing purposes, as several of the works were of a remunerative nature. In conclusion, His Worship said he certainly thought the scheme could be carried out without any cost to the ratepayers. (Applause.) The following shows how the proposal was treated in the different localities affected by the loan in so far as the booth figures indicate; For. Against. Informal. East End 30 43 2 Central (main).. 145 59 2 West End 4(i 14 241 116 4 Majority in favor, 125 votes.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19110222.2.49

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, Volume LIII, Issue 245, 22 February 1911, Page 5

Word count
Tapeke kupu
360

THE LOAN PROPOSALS Taranaki Daily News, Volume LIII, Issue 245, 22 February 1911, Page 5

THE LOAN PROPOSALS Taranaki Daily News, Volume LIII, Issue 245, 22 February 1911, Page 5

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