LOCAL BODIES' LOANS.
INTERESTING POINT,
By Telegraph.—Press Association. Wellington, Last Night. • A point of interest to iocal bodies was brought before the Acting Premier today. Some time ago the Eastbourne borough ratepayers authorised a loan of £4500 for water and drainage purposes, but owing to the war conditions thb money cannot be raised within the two years allowed by the Statute. A depui tation to the Hon. Sir James Allen suggested that the Government should introduce legislation providing that for tho purpose of reckoning the two years mentioned the war period should not count, and Mr. Allen promised to consult Cabinet on the matter, recognising the case as one of hardship deserving of relief, but said the question of making a general provision to eover all loana in suspense would need careful consideration. In some cases it might be desirable to have another poll of ratepayers,
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Taranaki Daily News, 13 April 1917, Page 4
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146LOCAL BODIES' LOANS. Taranaki Daily News, 13 April 1917, Page 4
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