THE FINANCIAL POSITION.
. THE OUTLOOK BRIGHTER. By Telegraph—Press Association. Wellington, May 4. During the course of an interview, the Premier, speaking of the financial * position, said that the surplus, approx> imately £700,000, would be transferred to the Public Works Fund. Mr. Massey also drew attention to a Treasury docu«. ment signed by the Secretary of the' . Treasury showing the position at Aug- ' ust 31st 1912. The total commitments amounted to £070,498. Against this sum stood the total available amount' of £17,110, leaving a deficiency at the"' , end of August of £053,389. The success of the Hon. Mr. Allen in London* continued Mr. Massey, has helped td straighten matters out. Things would be more satisfactory during the next few months. He hoped before long it " would be possible to raise th,e. limita* tion on loans to local bodies,, advances to settlers, and advances to workers. t ' ——— 1 ;' 1 O-
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19130506.2.53
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, Volume LV, Issue 295, 6 May 1913, Page 5
Word count
Tapeke kupu
148THE FINANCIAL POSITION. Taranaki Daily News, Volume LV, Issue 295, 6 May 1913, Page 5
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in