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WESTPORT HARBOR BOARD.

DIFFICULT FINANCIAL POSITION. By Telegraph.—Press Association. • Westport, Last Night. Something like a sardonic smile passed over the countenance of members of the Westport Harbor Board to-day when it received a telegram from the Treasury ntating the Government was granting it a loan of £30,000 to relieve it of its financial difficulties, and asking the Board to arrange securities. The financial. difilcuUies are brought about by the Government under the finance Act of 100.7, whereby it has connseated something in the vicinity of ■£60,000 of the Board's revenue It has compelled the Board to meet all the war charges and increased costs in running the railways out of its ordinary revenue, and take the £60,000 at the expense of the upkeep of the harbor. It has compelled the Board to curtail all the works. Attempts to get the Government, to repeal the iniquitous clauses of the Act failed, and the Westport Harbor Board is faced with the wost.se.rioiis financial crisis in the whole of its history.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19191118.2.41

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, 18 November 1919, Page 5

Word count
Tapeke kupu
168

WESTPORT HARBOR BOARD. Taranaki Daily News, 18 November 1919, Page 5

WESTPORT HARBOR BOARD. Taranaki Daily News, 18 November 1919, Page 5

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